My one and only experience with Sharestates was with a portfolio loan that included six properties.

In general things which qualify as origination indebtedness include money used to acquire, build, or substantially improve the primary residence that secures the loan.

My tax man (CPA) did not assert that I need to include the triplex inside the S Corp... but, when I asked, he said I COULD put it in there if I wanted to.

By withholding retention you are incentivizing the GC to complete the project whilst you earn interest on that cash in the process.You'll also need to include a project milestone schedule detailing when each task is expected to be complete.

This is a very dumbed down version because I am not including a lot of fees and costs that are associated with closings, but you get the idea.

@Ben MiculobUnless you specifically say short close all cash, you would assume the standard time to close, which includes 7-10 inspection and then financing period.

Now, we are definitely going to get a real estate attorney's help, but I wanted to prepare ahead and think of all possible scenarios to be included in the agreement so we can have a productive and comprehensive discussion. 

This includes AirBnB, VRBO, and other similar house sharing/swapping services

Duplexes can be build for around $85-100/ft2, assuming middle grade finishes, this does not include land or soft costs.  3-4 unit building would be a decent amount more on a $/ft2 basis due to the use of different code and the increased fire & safety systems. 

Total loan amount including closing costs was $318,313.