The most profitable area of real estate in my opinion is new construction... that way you can literally build sweat equity... at least that is what I am focusing on!

Thank you, Sean ohio is one of the cheapest new construction markets.

Depending on which article you read, there's between $26B and $30B under construction and in late planning stages in the metro area.

My thinking is that I can’t sell it now for its full value, given that it’s going to be in the middle of a construction site for most of the next year.

A typical 'rent to own' scenario constructively creates a contract to purchase. 

On the other hand, pushing through to completion could potentially offer better returns if the legal and construction issues can be resolved in a timely manner.First step is to understand the title situation, and then speak to lawyers and begin the process of getting your funds!

And high quality new construction that is not in the South.

Depending on the construction of the building (block or stick, etc), you will want to test the connection strength.  

Some cities like Atlanta require someone to pull a general construction permit too, some to most don't.   

If long-term, rebuilding the home could offer substantial future gains, but keep the high construction costs and California’s permitting process in mind.Mariposa homeThis emotional project has potential as a vacation rental due to its location.