It's important to consult with an attorney or an accountant to determine whether an LLC is the right choice for your specific situation.You can reach out to me and my team who can guide you through the process and help you navigate any challenges that may arise.

I don't have any specifics but as someone who is into tech, accounting/finance, and a consultant to grow businesses.

Its a great idea, but you will need to consult the township in order to understand their requirements for liveable space.

I think the 2 biggest hurdles are finding the right team to do the work, given you won't be there to monitor it 1st hand.

Insurance-  we were assigned an insurance consultant.  

Account ClosedI recommend that have a consultation with your tax accountant and/or financial advisor on ways to reduce your taxes. 

As for the legalities of setting up an LLC to protect you and your partners, I would consult with an attorney for best judgement. 

Sometimes cities will allow this, but it depends on local zoning rules.If neither option works, it might be worth consulting a real estate attorney to explore your options.

We develop and consult new developers through the full cycle of development.Financing differs from project to project based on your equity, land cost, construction methods, etc.

This is not tax or legal advice, just what I personally do, consult your professionals!