New Construction in Denton, Texas

[Nathan Carsten]

Hey BP,

I live in Denton, TX but each of my 4 investment properties are out-of-state due to high purchase price and lower cash-flow on most properties in my home town.

I am considering starting my search for some off-market empty lots closer to home that I could put new construction on, doing a lot of the interior finish-out myself.  (sheet-rock, texture/paint, flooring, fixtures, cabinets, etc...).

I have done 5 rehabs on previous properties of mine, with 2 of them getting down to the studs and enjoy getting to do a lot of the work.  What I don't have a lot of experience with is:

1. Confirming that there are no restrictions that would hinder plans, prior to making an offer or at least before purchasing the property.

2. Getting a good set of plans.

3. Hiring many of the sub-contractors that I would need.  

4. I have a potential partner that I would like to approach about partnering on the deal, so I may be able to bypass getting a loan. But if that didn't work out, I'd need to do more investigating with the local banks to determine their requirements.

5. Lots of other stuff that I'm sure I'm missing....

Any advice is much appreciated!

Thanks, 

Nathan