I get the concept of a wrap around loan, but never done one so not too familiar with any intricacies of your thoughts.Good luck.

Said simpler, I don't want my rates to spike just because we're printing $$s like there is no tomorrow.For you, though, maybe the risk associated with 2 rental units compared to having your primary home and one rental seems nuts. 

It's called Advanced Concepts: Partials, Balloons and Wraps by Tom Henderson "The Note Professor". 

Although, the concept of the BRRRR strategy is to get all your money out, that is not very realistic many times.  

I would take the concepts and double check with the state laws.

Check with the city or county planning and zoning department to get an idea if your concept will work, if you can build what you would like to build and what is required for all approvals including site plan, building permits, proffers, water/sewer tap fees, bonding requirements, inspections, setbacks, lot coverages, parking requirements, height restrictions, C/O process and time frame for all approvals.You also need to check with the utility companies and get an idea of availability and cost estimates from them for water, sewer, power, gas, cable, installation and connection requirements, tap fees, hookup charges, transformer location and relocation, power line and power pole relocation issues.

.-  Developed an in-depth knowledge of the competitive marketplace, including product, site, local community, sales, advertising and demographics-  Create marketing strategy to help pre-sell units ahead of development scheduleImportant to note:  If these deals are successful, we plan to role out this concept in many different markets all over the country and be building hundreds of homes at once.  

Is there a simpler way to do this?

I am a beginner to real estate, but I am familiar with many concepts that have to do with investing in real estate.

Nothing original follows, just using my brother's military experience.Same concept, just different dollar levels and long-term objective.1.