Setting aside any personal biases towards the product the only people who negatively impacted by the industry (from a RE perspective) are traditional tenants competing for industrial space who are repeatedly priced out of space.

They can either set up an ACH, mail it in, or take it directly to the bank to deposit it. 

With the risk of oversimplifying, the underwriters set the "global" rule.

Will likely not provide any more personal protection than insurance and set up improperly will be worse than not having a LLC at all.The HOA basically negates your savings on the property purchase however if the property cash flows you may still be OK.

Fast forward three years later, we are on our second set of tenants.

However, if my intention is to use the equity from said HELOC/Home Equity Loan as a down payment on a rental, doesn't it make more sense to take a fixed rate Home Equity Loan so I am not subject to the adjustable rates of a HELOC?

You as the new developer must prove to yourself that the 24 units in fact is real and can be built without undue cost, time, and political risk.I would ask to set up a meeting with the city planning department, have your broker and architect go with you, ask as many questions as you can about:A.

For example, I've worked with real estate investors to set up automated long-term marketing to sellers. 

But if the timeline calls for 6 months, you can set the penalty at  6 months and two weeks, sot hey have some buffer then add the incentive if the finish in 5 months. 

Whoever is you PM can do this as you instruct.As @Linda Labbe states there are a number of possibilities for how you set yourself up but they are very dependent on your personal situation and what you are trying to achieve.