You say you can get financing but is this conventional financing?  

Right now the median price of new construction homes is as close as I have ever seen it to the median price of existing inventory. 

Alot of factors to consider in terms of rates but Id say par for the course in the conventional space high 6's

Even though someone may have survived through Covid, the materials used on those jobs was probably already being held in inventory somewhere.

@Sean Ross  detail in his question is he wants to use an OWNER Occupied loan type, with 5% down. 1031 does not fit with a conventional Owner Occupied loan approval.I doubt $100000 is a farm or a business.

conventional investment loan

If you have a mortgage on those properties, you will likely need to refinance these to avoid triggering a "due on sale clause" when you move these into an LLC with conventional loans.

I would be delighted to discuss further and provide information on our current market and available inventory.

It also help to join conventions and attend Real estate local meet ups in your area to understand your market and make connections. 

The same listing can go from a great cash flow on day one to negative cash flow based on how the buyer plans to finance it (conventional investor loan with 25% down, FHA 3% down house hacker, cash, etc).