Typically where the builder goes into a smaller town or area build a small phase and then moves out to another county or town leaving not many new builds in that area to offer new future construction home sales.

Thanks Hey Troy, I would say the best bet is for you to try to sell it as a package deal and get a seasoned investor-agent to try to get you some action on it.

There has to be a lawyer willing to do it; call every lawyer you can, I bet you can find one!

Building permit lists are public records that document permits issued by local government authorities for construction, renovation, or demolition projects.

New constructions in the neighborhood are selling for a significant amount above construction costs (double or more the market value of the land).  

I suppose I should have specified, but I am looking to invest in the US as the limitations and opportunities in Canada for the criteria I am looking for; Class C, Construction 1980's and newer, Price $12M-$17M, with 100 units or more is highly challenging to acquire, here in Canada.

Purchase price: $204,000 Cash invested: $30,000 This deal was an almost brand new construction in an up and coming area on the outskirts of Houston, TX.

Also, the city's building code could be different as far as the required fire rating for party/shared walls, etc, thus the construction costs could be higher.

The budget is $174,000 so I would need to find someone who can do construction for under $90/per sq ft.

Discounts on new construction, wanting to use a house hack strategy, available FHA financing, insurance costs in FL.