While my sister and I will not have any issues based on our history and lives, the goal is to use this property as the learning ground for the final outcome: four duplexes---Structuring the property under an LLC or land trust could trigger a due-on-sale clause, so check with the lender before proceeding.

Alternative Lenders – Look for private lenders or debt funds that focus on asset-based lending rather than borrower experience.

I am located in Arizona and have been in manufacturing for 20+ years while my brother is an experienced contractor based in California. 

Unless you are based in a community property state. 

Based on my analysis, the ARV looks to be in the $720-740K range, and after running the numbers, I anticipate a profit of about $40K including all the junk fees and agent fees.A couple of things I’d love your input on:Do you think it’s worth getting another quote from a different GC?

We are based in Milwaukee WI and have tenants from Milwaukee County and the City of Milwaukee and it's pretty much hurry up and wait. 

It is first reported based on when it's in service. 

Another variable in the amount of rent that a Section 8 tenant can pay is HUD limits their rent payment based on the amount of their income. 

Mortgage rates are based on what lenders consider risk factors such as loan to value, credit, etc. 

Another good thing about that is that you can do a cost segregation study based on the percentage of the house that is being rented to your house mates.