I'm curious about the comment that properties won't appraise because there's no listing agent involved.

My shorter-term goals aren't quite as lofty, because I know there is a lot of work involved to get there.

@Justin Worsham This is a really pervasive issue...eventually, consumer advocate groups will step in (we're getting close in my market)..hot housing markets attract unqualified flippers (like your case here).

I'm heavily involved in large construction projects and I was seeing a lot of interest in the region for large scale development projects.

Although my husband is a agent and it was easy to put in the MLS, he didn’t want to be involved in showing the property (we have demanding w-2 jobs and 3 kids) so we found a local agent who agreed to take any potential tenants who contacted us directly and they would receive that $750 commission if one of those qualified and moved in.

You could look into a hard money loan in order to finance the deal and go about it that way or even look into private lenders that want to get involved in your project.

A loan greater than the property value can be risky, if nothing goes wrong everything is fine.If the money is going through a title company (a good idea) the money will be distributed to the owner of the security property, likely the LLC in this case.The borrower/property owner should be LLC to avoid being a consumer loan.

I will instead argue what I see as the pros and cons without having to involve any court. 

Hello Biggerpockets,I live in San Diego and I'm a project manager in mechanical construction and looking to find a way to get involved and get started in real estate.

The main reasons I do not like is the involvement of a HOA and many of them are built like well-fished apartments.