I hope this provides some guidance and clarity! 

I'm sure others (BOA) might be able to provide lines of credit as well, but as with all of them you'll have to provide good documentation for their applications.

Living in the home for a couple years before selling could also provide some tax benefits.If you decide to sell the land with just a foundation, it may be more challenging to find a buyer willing to take on the project of building a home from scratch.

Get a team, a good team, get advice from them, pool BP for what it can provide, and don't get bogged down for months/years while "getting ready."

For Euclid you must have a local PM : Per E.C.O. 1761.02(b)(2), if Owner/Corporation resides outside of Ohio, Owner/Corporation must provide alocal manager who resides in or has a place of business in Ohio.

Also- you should be providing a product that outperforms the rest of the market.

Lots of folks ask me for references, and I always provide them.

I can provide you with insights and advice on how to get started in real estate investing.

Property Management always seems to provide challenging topics to explore :)  I agree with the others who aforementioned zoning considerations, water/electricity hook-ups needed.

A twelve unit I have has windows in the shower................I supply a 'shower curtain' that covers the window; it provides protection from the water and privacy for the tenant.