Not sure if that’s because I’m lower in the pecking order or if they are telling all investors it will be the later date.I’m also concerned with the potential impact on building costs.  

We have three potential options.The first option is for me to completely owner-finance his purchase.

Have you run any numbers on your potential new build?

Is that amount worth risking at this time potentially having to pay from your primary residence?

Dallas on the other hand has more growth potential in certain markets in my opinion.

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Buy at a discount given the lack of building potential and can always pass that discount along when I sell.2.

(If not, then you should, IMHO)We're all in sales ultimately, and keeping potential business associates on a marketing list is our lifeline.Also, if you were "politely told" that it's not a great fit - how is this a problem? 

Owner occupied loans have allowed us to purchase properties in markets with heavy appreciation, and potential for huge rent increases.

I instead look at it as a potential red flag.