New development, I was just talking about this circumstance with my neighbor who informed me that they do not own their house, they are renting it in the current owner is getting notices about foreclosure at the property.

Hello,can anyone recommend a CPA specializing in real estate development and construction in Los Angeles?

I'm heavily developing the network direct to business owners for the two buildings, they are similar size/type so that allows me to target easier.

I wouldn't worry about it too much, it conveys respect, or is meant to.Work with an attorney to develop a general contract with boilerplate language. 

Yes I'm looking for value add properties new development is and area I'm not to familiar with.

You'll develop some as you gain more experience, but I'd say you have a good starting point.

I have already started to develop relationships with a few agents and hard money lenders. 

However, I'm very excited to include this home into my portfolio, as it's in a trending location, with LOTS of investment and development in the area. 

In general, are there restriction on using SDIRA on a development/construction project...we have a first lien balance around $80k and reno should be $250k.

Many of those who do make money will be commercial developers.