Not to mention you would likely need to work as a licensed Real Estate Agent for several years before you are legally allowed to open your own brokerage and offer Property Management to 3rd parties.

We would be funding the construction project but I have a lot of questions about legal ownership of the property as well as how a loan for a portion of the project might work.

Hi Steve,It also comes down to comfort levels of whether you like to micro or macro manage your funding pools as well as your own personal financial auditing style.You also need to keep legality in mind as to whether the property is setup under a personal or corporate entity in order to protect yourself or your personal assets etc. 

When you find people to partner up with always consult with attorney on the legal structure. 

The city and county have employees that check the websites to make sure that each property is legally licensed and allowed.  

Better have a strong legal/lobbying budget as most incorporated areas won't allow such a use or at least actively discourage it.

I want to make sure we create the best legal entity for protection and tax purposes.

Don't be afraid to get rid of them asap (legally). 

The dad got the restraining order first so the couple cannot stay ( clearly legally the young lady can, but she doesn’t want to).

I would set up all legal structures myself, but curious if the numbers-running process is different for seasonal rentals.Any advice for how this might reasonably be structured?