Your loan costs will come out of those proceeds, so you may want to bump it up slightly higher unless you want to cover those costs out of pocket at closing. 

I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units. 

@Kezia Edmonson Yes, you can use a 1031 exchange to defer taxes on the sale of your single-family investment property when purchasing a multifamily property, but only the portion used as investment (the three rented units) qualifies.

@Jacqueline HendersonWelcome to Bigger Pockets.

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

Check out Passive Pockets for more info on that.

I believe there is no better place  than Bigger Pockets to find the most expertise.

By the way, its been under construction for nearly three years.

It has been almost three weeks since the warrant of removal was filed.For context, this is my first time going through the eviction process - Does it typically take this long in Hudson County and is there anything else that can be done on my end to expedite this? 

@Spencer Harootunian Cool, welcome to Bigger Pockets!!