The big thing is that you have to disclose what you are doing upfront and then do not deviate from that plan (a material change) without going back and getting the investor's permission/sign off for making that change to the business model under which they initially invested.

Just ordered Brandon's book . lots of material to absorb. 

If something goes wrong in the build, and if you structured all the llc correctly, you could simply declare foreclosure/bankruptcy on the llc, don't pay material, contractor, or labor without them holding anything.

Simple math:   (Average hourly rate) * (crew) * (days) * (8 hours) = Labor costThen get the material cost. 

Read through all the free materials in the forums here.  

But you'll find the best WHY from personal development or business philosophy from material from Jim Rohn or others.Cheers!

@Brian Gibbons, I was studying all the materials you've so graciously shared with this community and I heeded your advice and got licensed! 

The other side of the coin if there is a challenge with the property ( you fired contractors, discrepancies, whatever always let the PML know as soon as possible, but have a solution for the complication.John, hey this is Bernie we had to fire our 1st set of workers, because they stole material, but the good news is we have already replaced them, and we won't miss any progress.It truly is not difficult to find money, we must change our mindset, and believe we are doing them the favor, not the other way around.

I'll definitely look into the reading material.

My situation involves non-disclosure of a material fact.