**Loan-to-Value (LTV) Leverage**: Lenders might be more willing to take a second position if the combined loan-to-value ratio is conservative, meaning there’s plenty of equity in the property and the lender’s risk is minimized.5.

Upon closing on the deal, I plan to also conduct another visit to address the logistical elements of getting everything set up and finalized. 

Did you run into any unexpected challenges with the layout or structural elements?

Real estate + construction is a powerful combination. 

Even a 200K home (fairly low dollar in the FL market) requires a 40K down payment which is tough to come up with without a hard money loan/HELOC combined with a conventional loan which would then be tough to make any cash flow.

This is currently the only thing I am actually decisive about.I think I'm struggling with analysis paralysis combined with generally being overwhelmed by all of the different metrics and data to look at.Specifically, I'm currently trying to narrow my market within Connecticut, but I am getting stuck on how to determine a "good" market.

Partnering with an experienced investor is a smart move—combining your construction expertise with their real estate knowledge could be a powerhouse for success.I love your vision of tackling the housing shortage and creating more affordable homes.

Their combined income does exceed 3x the rent.

What is their leverage, what is the combined Loan to Value that you will be lending on?

My wife and I file separate because if we filed jointly we would have to pay 10% of our combined taxable income.