@Todor Ialamov Being conservative on budget and time is so important, and I completely agree about the importance of ARV and managing contractors carefully.

With low inventory around the country, check the absorption rate in your town.

Thank you so much for this and I definitely agree, by chance do you happen to know any good property managers in the Cleveland/Columbus area that you could connect me to?  

Yes, I agree with others on the tech portion.

I agree.

What a country!

Agreed with the other comments by John and Michael.

If you are buying in a standard loan limit area (most of the country), your current bonus entitlement is $766,550.

We accepted the higher rate because the lender agreed to allow assumption after 2 years with no qualifying, at the same rate and terms (20 year loan).  

@Jonathan Greene and @Mike Grudzien I agree but I was hoping to hear from some certified appraisers and if they would comp leased land versus owned land in an appraisal.Jonathan, you are guaranteed the land through the current lease period, but not guaranteed of a renewal.