Think about when people lie to you, do you trust them next time not to lie?   

If you have money for down payments and construction, funding will be fairly easy with a hard money lender (also need a credit score of 620-660 min).

So it may feel like you are getting a big payment, but its not subject to taxes like as in a sale

Payment history looks good. 

While looking I came across something called a dynasty trust it said you could have an LLC in Wyoming, transfer your properties to it and you'd be sheltered from estate taxes for up to 1000 years.  

INNAGO is a free tool that enables you to screen applicants, set up monthly payments, and manage everything in between.It's advisable to adhere to your lease terms and maintain a record of any notices exchanged between you and your tenant.Wishing you the best of luck.

It will be my first time buying a house.We were thinking of paying cash for our first property and later do a cash out refinance to assist in funding down payments for future properties.

There are three different approaches to consider - whole trust deed investing, fractionalized trust deeds, and loan participations or hypothecations. 

It really varies but I break it down to monthly payment, percent of payment towards principle vs interest (Interest Rate), and Term of loan.

Understanding PIP costs goes beyond normal construction knowledge, it's important to develop a team you can trust within the industry.