No issues with property but state is requiring abatement.

New York, New Jersey, and California continue to be the market’s top feeder states.”

In a bid to get people into these homes and paying property taxes, the state of Arizona rolled out a plan for active duty members that paid 22% down on any house in the state that had previously been lived in.

For situations like this I always think "what other way could this person could have stated this to you?"

State and federal and maybe self employment. 

If it is Coming in 2018 as their website states, the city will know all about it.It sound like the developers are a surgeon, a former NFL player and a brother. 

Being an Owner/Builder and hiring subs yourself is not legal in a lot of states (unless it is on your own primary residence).

If you open this as a single-member LLC, it gets a little tricky with additional state taxes when sold or if something were to happen to the single member and the property went to a family member.

Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.

Also if i wanna do my first in California or out of state.