This is a late evening cry for help after a long day at work so apologies if I am missing any crucial detail. 

I have a separate document that goes into more detail but this is the basics.(1) Tenant may not assign this lease or sublet the Unit without Landlord’s written consent.

Mike, I am truly grateful for your detailed replies.

My current apartment is AWESOME, but freeing up that extra cash might be a more logical/prudent first step.Looking for some thoughts/guidance from the community.

In Texas, it doesn't cost extra to make a series LLC when you form it or renew it annually (in Texas we don't even have renewal fees).

After applying for a loan you should be able to get an offer letter with these details within 24 to 48 hours.2. 

I have been investing in Real Estate since 1997.I have went through a few downturns even before the 2008 crash, such as the Tech Crash of 2001 where NASDAQ lost 66% of it value.My properties are in NYC, Brooklyn specifically.I tend to be a very detailed oriented researcher into the area of Investment that I am studying.Prior to purchasing my RE Investments, I learned the RE Business Cycle so that I can soften a blow from a downturn as much as possible.

Email this loan officer or account executive several questions (at least 7) and see how detailed and quick there response is.The type of questions you ask really do not matter, you are giving them a test.  

I don't want to go into too much details but he has been the worst contractor I have hired.

Isaac , this is a very ambitious project my friend.I would start with Bildwise ,they have extensive experience in this market,and contractors they use all the time,which gives them consistency.They can probably ball park it for you first and then do a detailed sow if you choose .Disclaimer :I have no affiliation with BildwisePlease keep us in the loop with progress