Hello Teck,The numbers could potentially work depending largely on your expenses to demolish and construct.

Are you worried about any potential ethics complaints or lawsuits against you as an agent, being involved in this type of transaction? 

Investing out of state can pose challenges such as unfamiliarity with local markets, potential difficulty in property management, and variations in regulations.

It's just that this seemed like potentially a way to have the best of both worlds; i.e., get some experience as landlords while also moving to our preferred environment.I feel like I'm opening myself up to a slew of "you're crazy, pal" responses, but if so, better to find out now than later!

So my questions is do you think a traditional HML will be our best bet or are there any other type of loan types I haven't found out about. 

I'm now looking to expand my portfolio using the BRRRR strategy and would greatly appreciate your insights.I'm particularly interested in learning about effective methods for identifying potential BRRRR deals.

This is known as "bonus depreciation".This has the potential to create substantial passive losses, which are allocated to those who invested in the property. 

I have a potential tenant who has an emotional supporting animal, and a letter from her psychologist saying the ESA is for a mental disability.

@Sean Dolan you bet!

Earn rental income with the potential for a higher sale price in the future.Partnerships or Joint Ventures: Bring in partners to invest in a property together.