However, one recent sale in the area was 109K for a .15 acre lot, however, it was verified developable and had gas, electric, and water at the street.

Verifying last 2 years of rental history very important!

I would just check with your lender to verify that the property will be eligible for refinancing after the construction loan.

Regardless of what your RE PRO or the listing broker tells you, verify from the horse's mouth directly and ideally in writing that the property is eligible and the specific application process. 5.

Per the county, they do nothing to inspect the building - they only verify things like setbacks, impervious surface %.

Only one couple has actually submitted an application.Although I need to verify some of their application details, it appears like they meet all my requirements.

Verifying last 2 years of rental history very important!

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Since a VA inspector would need to verify the condition and value of a home before the money is lent, does this mean there is no way to buy a foreclosure with VA loan financing?

After that property I never lost any money and did all real estate by the numbers with and exit plan and verifying all.