I also have heard Canadian investors prefer an LLP set up as opposed to the more typical LLC set up. 

In New York, you typically need to show an annual income of 80 times the monthly rent to qualify for an apartment.  

Phase 1 - demo of a greenhouse sitting on part of the land - site utilities and 12-unit building turkey construction budget $2,043,100.00 -- $2,177,500.00The estimated rents would be approximately $1k per unit on average for mix 1 2 & 3 bedrooms- I feel like construction is so expensive and the market doesn’t support higher rents from what I’ve researchedShould I : 1) try to partner with the local government for affordable housing loans and grants?

When you show more income you do in some cases owe more to Uncle Sam, if you are not utilizing the Max deductions correctly.I would ask your CPA and maybe even get a second opinion on if he/she is accounting for all 365 days, taxes, mortgage interest, repairs, depreciation, vacancy, closing costs.There is always a way to 'Zero" out and not owe in most cases.

Look for recently rented units to get the most accurate picture.Rental listing websites: Utilize platforms like Zillow, Trulia, Craigs List, (In Utah, KSL), Facebook Marketplace, or Rentometer to search for comparable rentals and analyze rental trends.Local property management companies: Contact local property managers for their insights on current rental rates in your area.

If you purchased utilizing any sort of financing, you may not have enough equity to tap in to pull outto connect!

If you have the time it's worth looking into doing the typical deals discussed on BP forums like fix and flip, BRRRR, airbnb, etc.

Typically, maintenance & repair expenses may eat up the couple of thousand you earn annually in the early years. 

If there is a superior first mortgage, the HOA lien typically does not supersede that first mortgage.

If I can come up with capital to build I will but utilities pad and driveway all I could afford at most and that’s stretching it is a manufactured home.