Lenders will love because you are scaling your plan and along the way to will prove that you can manage your project and they will be happy to loan you more money when you finish the first phase.

I hope to be involved in large buy and hold real estate investments/developments because I see great advantage in the economies of scale that can be achieved.

Maybe it's 14 days if xyz is on your credit report, maybe it's 45 days if abc is on your credit report, or maybe it's a sliding scale with 14 days having zero impact, 14-29 having a very reduced impact, and that sort of thing. 

We have looked at some large-scale commercial MF projects in that part of Texas over the past few years.

It's not bad at the moment, but may be challenging when trying to scale.

That being said, I imagine the answer is yes, if you're intent is to scale to a larger level over time.

scaling up in the rental business on your own is a lot of work. you also want to preserve that 500k owner occ exemption.. don't lose that .. that's the best tax treatment in the US> I think there are syndicates and other passive investments were professionals can handle the day to day that could be appropriate for this investor..   

I personally find the Series LLC to be a great tool for the individual investor who is planning to expand their operation, as it allows for you to scale infinitely - check out this article to learn more.

Need to switch due to scaling up this year.

I truly look forward to the ability to scale my own business, develop solutions to problems that come along the way, and have fun working with people with similar goals and mindsets.