By my understanding is that you cannot borrow a conventional loan from a bank for a property that needs to be improved or made habitable.

@Jocelyn Ahuja the east Austin area is improving rapidly.  

I am still a little on the fence morally about going into the markets devastated by the Hurricanes (Houston, Tampa, Naples, Jacksonville, Corpus Christi, Galveston), BUT I was somewhat convinced by a fellow wholesaler that we are doing many of those people a service. 

I have been performing a mixture of both sales and limited property management in 2017.About 13 months ago : I was property managing about 35 – 38 doorsNow I’m down to about 16 doors.Property mgmt doors decrease has allowed me more time for my own personal improvements.( More sleep , less time in the automotive shops for vehicles repairs )

Levels of service vary.

Customer service (can you reach a person, how quickly?)

In the case of a natural disaster causing service issues the landlord has no control over they are not responsible.

Again I am out of the area for Military service so I will get these project moving as soon as able.

When you have a clear definition of the tenant base, you gain clarity on which strategies to pursue and can provide a better product to the market, which tends to improve one's odds of success. 

I'm wondering if there are any local investors with experience in new construction who would be open to chatting about the property to help me analyze the options.... improve or build.