It sounds like you have a contract, but my guess is that it wasn't clear enough, and didn't cover some of the potential issues that could arise. 

If so, that could be an issue...Fannie/Freddie have a limit of 10 conventionally financed properties. 

I own and manage medium term rentals with neighbors who will call us if there is ever an issue and have even helped my guests when they needed it.

The fourth thing is to vette the property knowing liens against the property, zoning, environmental issues like wetlands, flood zone, availability of utilities, condemnation, code violations, and more.

Another issue that I don't find the solution in the syndication literature is how do you finance the interest paid to the investors when there is zero income during the construction.

Oh, primary house is in a flood zone and we had a major incident during IDA but our house was raised so meant to deal with floods so no damage but more a pain in the *** so concerned about dealing with that with renters or if more climate issues happen, could impact future value of the home.Would love any thoughts or ideas!

@Kofi ThompsonTwo issues to deal with1.

A 1 agent sale is being considered as an option the only issue is how to keep the agent unbiased.

@Lloyd Schroeder and all others wondering on this issue for the St Cloud area. 

very, very difficult to start out of state.here's a post that goes into these issues in tons of detail.https://www.biggerpockets.com/forums/48/topics/1159104-overl...you're in texas - you have lots of markets and submarkets. no reason to go out of state.