They'll ask you to share your short- AND long-term goals, and then they'll help you construct a plan that will do two things:1.

Welcome to the site @Michael Flaig40k is a pretty good chunk to start with if you are able to qualify for financing and have construction experience.

This forum is outstanding (wish they had something like this in construction 14 yrs ago) I welcome any advice you may have and I promise to reciprocate any info that I discover. 

I have a background in construction and apartment maintenance and my wife in apartment management so I would fix/maintain my own property and my wife manage the tenants.

Yeah one of my clients is fixing to assume a 7 million construction loan from a bank that has a cap of 3 billion being bought out by a bank with a cap of 13 billion.The larger bank is in growth mode.

If you want to get into flipping and new construction, then buy J Scott's books which you already did. 

We obtained a few construction bids beforehand and were estimating a max construction budget of $60k.

I also work as a PM in construction so a rehab effort is in my wheelhouse.

So, with that stated, you formed your series LLC : in what state, do you operate solely in that state, if not where else, are you happy with the performance of the serie entity itself (I.E. the construct), Have you had to defend yourself using the construct, If you could do it again would you and how?

By allowing an animal to move in your are in essence evicting him through constructive eviction.