A lot of first-time builders hit that same roadblock with traditional banks wanting a track record.I’ve seen a few options work in similar situations:• Tapping into equity (like you mentioned)• Bridge or asset-based loans that focus on the project itself• Partnering with a GC who’s done similar buildsAlso — if your plan ever includes holding the property as a rental, even short-term, there’s a financing option called a DSCR loan that’s based on the rental income, not your personal income.

Start by checking platforms like Rentometer, Zillow, and Craigslist for similar SFHs within a few-mile radius, even if they're not in your exact target neighborhood.

GoogleVoice or similar is the way to go, to keep your personal & business calls separate.With only 4 doors, you don't have enough scale to sign up for the PMC-world solutions of emergency call centers:(As a PMC, can tell you that 90% of after-hour calls are NOT an emergency. 

We do similar practices as New Western.

Scarlett, to put it simply, if you’re running something like a hotel, motel, or similar business where you provide substantial personal services, the IRS doesn’t see that as a rental activity.

So it is good to get together with others people who have similar type properties to bounce ideas off of each other.  

Ohio seems to have a similar market, so I just want to connect with investors, agents, and PMs all over Ohio since I’m ready to jump in.My goal is to buy multiple BRRRRs a month so if any experienced investors would share, I would love insights to avoid or target in regard to build ages, build types, build materials, etc.

Question 3:  I have 2 other similar Townhomes that will be ready late October. 

I'm sure Texas has similar laws protecting people but this is not legal advice. 

The total cost is not unreasonable, but I am questioning if it's all truly needed.To give you a better idea, he has a few packages available that scale up in price and services:Bronze ($497): Includes LLC formation, a custom operating agreement, and a year of statutory agent service.Silver ($897): Adds the EIN, an LLC operations manual, and some ongoing compliance/task alerts.Gold ($1,397): The most comprehensive package, which includes a revocable living trust to keep our names off public records for privacy/asset protection.The 70+ page estimate came as a surprise, and it makes me question if this is a standard requirement for a new partnership.I'm hoping to get some insight from those of you who have created similar partnerships:1) Is this a normal process?