That to me is the simplest deal structure and the least "risk to you" as you aren't waiting for the final home to complete to be paid, as I understand it most construction loans close on the "dirt" up front....although like everything in real estate its infinitely negotiable and changeable.  

Purchase price: $28,000 Cash invested: $28,000 Raw land, and 2 adjacent lots to be developed into duplex rental What made you interested in investing in this type of deal?

Pick up as many as you can and study their rates vs. their occupancy rate.

As I'm new to Section 8, just trying to understand how it actually works, versus what we see on social media :) Lesson #1 - Nothing the government does makes sense and none of the employees have any idea what they are doing.

Happy to chat if you need help figuring out how to set up your lending.      

Ben,Thank you so much for responding! 

I think LLCs are over rated unless you have to hold the property in one for financing like most DSCR lenders will require.

What actions and/or credentials make a landlord an active property manager to deem rental income/loss active in CA?

If you want to know who I work with in Ogden, let me know.Nothing in life is a guarantee, but you can really throttle yourself if you try to do it all on your own. 

When deciding between them, look for flexible memberships, no high-volume minimum, and customer service to help walk you through the process.