Re the Title Fees ... it depends on the loan amount (to calculate the title insurance premium) and what, if anything, the title company is responsible for doing in connection with each construction draw.

(price per square foot is arguably the most common metric to value an investment, especially a property that will be delivered mostly vacant)What are the current taxes, and who is responsible for paying utilities?

So you could sign a single lease where all tenants are responsible for the lease payments, and let them divvy up the share of the burdens of the lease agreement. 

From my perspective the ones I saw were SUPER organized...knew what they were looking at (so did I ...just from experience) and knew the lenders instructions.

Thank you both so much for your response.

I'm close to closing on a new construction home in Sacramento but just found out that because my most recent job is 1099, my lender has instructed me that I will need a portfolio lender as I'm considered 'self-employed' now.

Thanks again.Sorry, I'm all over the place with my response, my brain is fried at the end of a long day.     

We are planning on purchasing more property in the area in the next year or two.Every time we get a new question, a new situation, a new anything, we create a templated response that we put on our smart phones so that the next time that same question/situation comes up, we just change the "Hi xxxxxx" and then paste the rest in. 

If you're not on FB, let me know and I can post it for you and send you the responses I receive.Mike

Since I don’t have any major responsibilities.