The investor starts with their own funds before we allow a draw and we will have inspections done as well to confirm work is complete.

You guys make sure you check and see if your state allows a homeowner to act as a GC.

Choosing the most expensive insulation because it's the most energy efficient, should allow you to reduce and/or eliminate costs in other areas.4 - Energy efficiency isn't made up of added costs.5 - Energy efficiency is the product of reducing energy needs, not supplying added energy.6 - Cost effectiveness is a product of maximum use of materials, as in little or no waste.All of the above should be obvious, in parts. 

The "blind-pool" nature allows some REITs to invest in whatever they want whenever they want. 

The property is where my home is also located and I allowed her to put her home on the side corner.

Maybe house-hack by renting other rooms in your space or a separate entrance to the basement (which would allow you to short-term rent that space).

If your all-in cost to build for below market value and you are able to place quality tenants, then you should be able to leverage the completed project in a way that allows you to pull out some of your initial investment tax deferred to fund future investments while keeping the rental income and future appreciation.I am a CPA by day and advise many developers on tax strategies.

It’s not a get rich quick thing but it builds up solid equity and allows me to take out a certain amount of cash to fund the next deal or whatever comes next.

But with all major repairs done and a cash flow of $4000/month (with healthy allowances for maintenance and cap ex) we hope to start taking a monthly cash out in a year or so....

I'm wondering if there are any lenders that would still allow 1 year tax returns.