Drafted a plan, gathered estimates, created a budget, put together DTI sheets, even got an "as-built" appraisal, and also have it in a permit status at the Local Building and safety office.Then I started to look into the construction loan and the permanent financing....to do it myself, and not through a builder.I soon realized that there are sooo many companies out there that want to try to help...but cant  (some of them were even on this network of people):  don't have builds on record, won't allow for owner-built homes, my credit is less than 680, while carrying the construction loan, there may be a point at the end where because i have my rental house while building that it become hard to pay, and  I can't pull out a private loan to help start process because my credit cards balances are horrible...and my "business" has no show of income.So, now we are here in the present time....   

I am not usually the smartest person in the room but I like listening to them and paying attention to their advice.

There are 90 day seasoning lenders, there are even 0 month seasoning lenders as well but you pay for it in the rate.

And below is my guess…Your in-laws will have to pay taxes on their half of the gain, $400k.The other 1/2 was not your primary for 3 years before it was your primary, so you have to pay taxes on 3/7ths of the gain, call it 43%.

You are paying money thinking it will bring you business, when in reality it's just bringing you a bunch of contacts that aren't serious.Build relationships.

That just means you will use the listing agent as your agent and still pay a fee unless they have no fee on the buyer side.2.

Correct no tax benefits. 

Doing the right thing is expensive, but it pays off in the end.

We have a cash purchased SFH in Kansas City MO that we got for $75k cash, that rents for $875/mo (After management fees, taxes, and insurance, we profit $580/mo). 

You want to be able to select who rents your house and how do you know the person they sublet to will pay the rent and take care of the place?