As for the construction loan itself, I'm not concerned as many available options will cover 100% of the development,  Thank you  

I went to a development walkthrough event with them in Dover, NH recently and some of the people involved are in Maine.

It’s about 40 minutes from a high-income populated area.

Remaining focused allows you to develop market knowledge and to build better relationships.2. 

If zoning is a challenge, it could still be a really attractive mid-term rental and there's some other creative things we could do to make it as attractive as possible to the investor population here.

I got 2 payments as finder's fees from a developer/builder, and they see it as a line item in their expenses, like paying for drywall.   

Development is a complex and often strenuous process.

For a new developer with no experience, I would count on having to have 25% of total project cost (if land is 150k and cost to build is 350k, total project cost is 500k so expect to put down 125k). 

I personally work with private money a ton in my development deals and most are in 2nd or 3rd position but have lots of equity and established relationships. 

What Prashanth said above is true, development sucks (I've been a land broker who sells to builders for 15 years).