He is essentially getting paid twice, once during the work completion and another portion when we sell the property.

Regardless of what you are doing, you need to have a contract with an agreed upon scope of work document (pending on size of project) with every contractor that you work with so that this does not happen in the future.  

Rental income and interest from loans made by the IRA to others are fully tax sheltered.If debt-financing such as a mortgage is used, the debt must be non-recourse and the use of debt does create a small tax liability on the portion of the income attributed to the non-IRA (borrowed) money. 

Now I have a kitchen that is now twice the size and a new dining room that connects the living and kitchen together creating a super open concept which I can enjoy for the next few years living here.

That being said, if the appraisal comes in low, that is what the lender will use as the value, so you will only be able to secure financing for a portion of that value (say 80%, generally speaking).

It's dependant on your end finishes, size, etc.

Utilities are in, phase one of the roads, curbs, gutters and water retention has been completed as well.I have received approval from the municipality to build the project as duplexes that will optimize cash flow and raise the number of finished units to approximately 300.I owe 1.25M and need 1.05M to finish the roads, curbs, gutters, and water retention.The first lien(1.25M) is overdue and was intended only as a bridge.The finished value of the subdivision would be 3.4M -4.5M as finished lots, depending on the comparables the appraiser uses.I have also found a lender that will lend to take the first out, but his points are high, it's not hard to get very expensive in points on a loan size like this.I am outside the Phoenix and Tucson markets in a smaller but rapidly growing area.

First – if the animal is too large for the accommodation size.

Unit size is 1,640 sqft. 3 bed/2 bath. 

@Buyan ThyagarajanI would be more concerned with the size of the renter population for 2-bedroom homes versus 3-bed properties.