YUP not only that land loans are tough  to get period.4% is not even in the realm of reality.. and just look at the English in what you posted.the loan business has been infiltrated by the Nigerian prince scammers..

They had paid $135K in 2002.Another friend posted TV news footage of the neighborhood as their boat went past our friend's house.

Currently under construction is a waterfront community right on the Hillsborough River, including Amateur Works (dining and bar scene), apartment complexes, event halls, and commercial business offices, ect.http://www.tampabay.com/news/business/realestate/t...Jeff Vinik and Bill Gates have also began a plan to invest 3 billion dollars into rejunivating the city, which in result is increasing the values of all the suburbs surrounding the city.

http://www.miamiherald.com/news/business/article21...

Compound that with the 20% from the last two years and you can see urban living is a tough road for 2018. the only good news is price hikes are likely tapped out.

Good news is after all that I’m still looking at about a 4.34% CoC return the first year and $108 in cash flow after adding in these expenses.

Also, read the local news and get a feel of what is going on there, where things are going on, economics of the area, etc. 

@Tye Foster when you hear about a boom or expected revitalization in an area on the news a podcast etc you may often be too late.

Theyve dropped the down payment qualifications from 3.5% to 3% as of July 29.https://www.washingtonpost.com/news/where-we-live/wp/2018/05/16/a-new-low-down-payment-option-for-home-buyers/

Did y'all see this hit the national news?