Looking to Start Multi-Unit New Construction Investment

[Veronica Joyner]

I'm fairly new to real estate investing although I do own a couple of free and clear rentals. The rentals were distressed properties and one short of needing a gut rehab.  Once the project finished, I was hooked.  I would like to get into new construction. Thus far, I have secured financing, have a general contractor lined up, architect, real estate agent, and recommendation for a couple of good builders.  There are a couple of good lots around Chicago zoned for multi-units.

The issue is how to move forward.  Any advice for a novice eager to switching over to new construction, pitfalls and all.

Thanks.