If I can manage my rentals on the other side of the world, in a backward timezone, with crappy internet, you can definitely do it with your W2 job.It's only getting easier with technology and if you build in systems that give you real freedom.

Getting "extra capital" and having it be in 2nd position would be extraordinarily difficult.  I

Why are you renting so cheaply to them when you and your brother I having difficulties? 

How difficult is it to apply for mortgage with Llc? 

Calculate hard costs on what has been completed, then deduct a % for the difficulty it will be to start in the middle of a project.So I would take land + construction hard costs less 10-30%, and submit the offer. 

The new property manager is professional, but is having difficulty acquiring the necessary documentation for me to submit it to lenders.

Great combo of bricks and mortar and technology. 

Regarding financing, you may have some difficulty getting financing the traditional way through banks or other lenders.

The interest rates, difficulty of finding labor, and other factors I've encountered on this first one tell me that it'll take some real grit––and another year+–––to pull something off at the next level.So, what would you do?

Do you think businesses are valued at hard asset value with no compensation for market position, cash flow, technology, etc?