So a little over 7 months construction period, a little longer than I liked it to be but it's our first time building a house like this so we took it slow and had to correct some issues along the way.

But if I wanted lights and refrigerator etc, I had no choice but solar, this is why you're correctly alluding to the rural aspect.... 

You are probably correct.  

To the other experienced investors out there am I analyzing this correctly?

This approach not only keeps tenants happy but also helps you maintain long-term cash flow by reducing turnover costs.

Had my inspections done a month or two ago and they checked about a dozen items per property that had to be corrected and told us the properties were deemed "uninhabitable" until then and no one could stay in them.

Also consider your lifestyle and if you want to be traveling 3 days just to check to see if a water heater is installed correctly and your property manager is looking after your property.

I think I should correct myself and say that builders are certainly not the only ones to reap profits from there. 

@Chris Rendall couple comments,@Wayne Brooks is correct if it was a Homeowners policy now being transfer to an LLC and used as a rental. 

It's all about how much equity you want to keep in the house based on the Refi in order to maintain the 50% rule.