Best of luck to you, but congrats on saving $30-40K!

@Alan Mills First of all, are you sure you are saving money by not using an experienced attorney?

Save money.

(My company has it’s general liability insurance, of course.)So, this is a temporary arrangement, at least for now.He will charge a fee to pull permits and to do periodic inspections to make sure my subcontractors are doing quality work but I will be project managing the entire job and handling all components of the renovation from design, floor plans, estimating, purchasing, hiring and overseeing the subcontractors, etc.The general contractor and I are regrouping next week to discuss what he would like to charge and I just want to get some feedback from you experts before we meet.

I am curious if other investors create a business plan or provide other documentation to loan officers?

I doubt this plan would be successful.Assemblage can create value but unless the zoning is favorable is does not create value.

Have a planned/practiced 1-2 sentences about how you help people buy and sell real estate.Keep your expenses low, track not only what you spend (personal, and business), and track your "lead indicators"...x hours daily lead generating, # people you talked with daily about real estate, # social media posts you created about real estate topics.  

This ins't a catch-all, be-all kind of thing, but should get you going in the right direction.Most importantly is getting a good agent to keep you out of trouble and save you from yourself.

Currently I can purchase a 550K condo in Toronto with 10% down payment (I am able to save around 30K in a year).

He frequently coaches students on things like floor plan and he really is a master.