I am trying to figure out how to separate it on the accounting side. 

A consultant that is separate from your securities attorney can help you navigate this, but a competent securities attorney can help as well. 

"Just remember, never get emotionally attached to a property. 

No luck yet in my search for a separate windstorm policy.

No luck yet in my search for a separate windstorm policy.

Even the most experienced will feel the same emotions. 

My ex and I are separating and rather than selling the home to remove financial obligation from her I'm hoping to be able to refinance. 

You and your wife would not be able to both have one unless you're planning on living separately.

Expect some mistakes and redo's along the way to add to the time.Expect any government inspections to add to the time.If you can keep the same team all the way through by the time they get several units under their belts they may be able to go faster--providing they can get the materials.In my opinion, it's more intuitive to look at each unit as a separate job, vs demo all kitchens and tubs in X units as a job.They can still come and demo several units, just for me it's seems easier to keep the Tiger by the tail this way.If you buy all of the materials at once, you will have to guard them against theft and store them somewhere. 95 toilets going missing probably won't tank your budget, but it might tank you enthusiasm for a while.Make sure to budget for a dumpster if you need one, and porta-potties for the workers to keep them from using the ones in the units. 

In our subdivision, it is listed as a separate lot with a driveway/common area easement.