@Tom GrieshammerThe best bang for your buck would be buying an existing duplex with an owner-occupant loan and putting down 3.5-5% and live in one unit.

Check in with a local Rental Owners Association

If you want to maintain anonymity for your TN rental properties, I recommend using a TN Series LLC that is member-managed by a WY LLC.

Some sellers want to sell quickly, but owners of land tend to be more understanding and patient.

I'll work with an attorney to assist with drafting that.Q2: Yes, I'll talk to my CPA but we'll most likely hold the property for at least 1 year under the LLC given our timeline to design, permit, build and sell the property, meaning I should avoid short-term capital gains.  

I'm not sure how this works when the seller of the property is listed on the contract.

When I got married I owned two properties (whoop whoop).

The property will do very well over the long term.

You have one property.

I apologize for the inconvenience, but we will not be able to insure your physical property at this time.