Frist contractor just keep eating up my money and going out with it and not doing the work.

Consider allowing for such instances in your budget.An Architect with a crew to do the work that he/she has used in the past might be a budget saver in the long run.Watch your property tax increases as you build out and once you are done--some places tax percent complete and time over runs with no income coming in eat into the budget.Actual colors can be a pain, consider having an in-situ (that's latin by the way) color board area on the building where you can try a few similar colors (and finishes) live and live with them for a week or so before deciding on an exact palate and finish.The more specific you can be (the more you know exactly what you want) the less Architect time you will burn.Using someone who has recent build experience in your area, with similar projects may help prevent costly errors re inspection times, and local code knowledge during budgeting... ie does your HVAC have to pass retail inspection, or Mall inspection...a costly difference, especially once in place.

I am aware this may not be able to be proven unless it is a blatant error on their part, so I am ready to eat the cost of either a repair or another replacement dryer.I do realize it's not their fault that its hard to get replacement parts.  

The max loan amount is $625,000 (I will need to bring $88,000 to close)  This will eat up nearly all my cash but I will get the better rate and a lock for 12 months, plus the peace of mind of a one time closing.  2nd option is a Jumbo construction loan to perm.  

I think people also forget the cost of improvements and property management that eats into your profits as well.  

Since your capital gains are likely to increase (as real estate typically appreciates), it’d be preferable to have a higher land value since depreciation over time eats away at your total cost basis.

Real Estate isnt cheap, and unless you account for everything that goes into it, it will eat up your savings fast. 

The difference would be about $75 a month more for the umbrella, which would eat into my cash flow on the property. 

The difference would be about $75 a month more for the umbrella, which would eat into my cash flow on the property.

If you are burned out you can rest for a very stragegic set period of time, ive done it twice where i switched w2 jobs and rested in between. once I gave myself a month and once a week or two. but I was very cautious not to stay idle and even on those days off I focused all my energy on resting, working out, eating perfectly cooked whole foods meals and studied for at least two hours a day dispite it being a break.