The exception to this case would be some of the production builder floor plans that include an efficiency with "private" back door access on the bottom floor or a garage apartment as part of the new construction.I found some older duplexes farther towards West U area but the cost was way high in relation to the disrepair of the property due to land value.

This is Allegheny County, If you know the county court and county property records-keeping systems, you can crawl so far up into people's private business using the online records system that you're ashamed of how much you know about them.Our tenants also typically come from the health-care industry, our area's largest employer.

The promissory note is secured against the property as collateral by way of mortgage recorded against the deed. 

He asked me for information about me (but not my social security number) and has already "approved the loan".

We are now talking to the mortgage lender (the same lender for the three replacement properties) about securing a significant line of credit using the apartments as collateral so we can do some other short terms deals with "cash purchases" then refi, etc.Are there any considerations or gotchas/ endangerment with this idea the regarding the original 1031 exchange?

I'm looking for some feedback on what you private lenders do with regard to wholesale/assignment fees?

I have considered designing all 9 or 10 homes and "pre-selling" based off the renderings and floor plans I design, to at least sell a couple to prove the idea before we break ground.I want to work directly with private investors, not traditional financial institutions.

I am glad because of the LLC added protection, low monthly mortage because I put 25% down(which i found private money on).

Looking to find private/hard money for some more deals.

You can private message me for more information if interested