They are looking for "who is making how much money under what circumstances".

I don't work in Nashville area but $165 per sq ft seems quite low to me.In terms of financing, I would speak with a few construction lenders and also hard money lenders.

The advantages is that you can buy with low money down and will get a better interest rate.

If you want to make money you hustle and hustle and hustle. 

At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.

Creative financing can help sellers make more money, solve pain points, gets them the money they need, and help them avoid a high tax bill.

If you really want an LLC with a registered agent there are much better companies to give your money.

@Duarte Marques you haven't shared how much money you have access to for a purchase?

Borrow the money interest free and compound on.

Be prepared to spend a lot of money creating the infrastructure.