It’s best to get multiple perspectives to understand your property's true market value.Feel free to DM me if you need any realtor recommendations or further assistance.Cheers, - Will

Again, you can't think from your perspective as someone who has experience.

I can only speak from a lender's perspective, but we're going to want to see some "skin in the game" from the borrower.

So I appreciate your perspective here as I make a decision..And the reason I wanted to transfer it to an LLC now instead of after the 1031 is complete is mainly precautionary, because I have approval from my lender now to complete the transfer, whereas I'm not sure if my future lender for the replacement property will allow it and decide to trigger the due on sale.

The longer the perspective the better.  

When I found out about real estate, it changed my whole perspective and how I think as a person.

With the new/larger Valley Hospital in Paramus and several travel nurse postings around there, it seems like that may attract some potential renters to the area (at least from a healthcare perspective). 

Hi Javier, The deal itself is good from a numbers perspective.

From my perspective, when I started house hacking, I really enjoyed learning about all of the trades, but as you said-  it becomes harder to do all those things while building.  

Although from lenders perspective if you have done handful of successful rehabs, you should already have a pretty good understanding of the process, and can have an easier time to obtain a construction loan.Also Development (building multiple houses at the same time) will require additional skillset vs one house at a time.