If the numbers work, it's not an interest rate sensitive loan with the condensed payoff.

It's OK to be sensitive when it comes to certain aspects but when that is being project onto others bc you feel the need to flex your authority is simply out of order....

There are lots of lenders here on BP that can walk you through the what financing options are available to you and once you know that you can map out what investment strategy will make the most sense for you (based on your goals and sensitivity to risk).John

It leads me to believe they are sensitive to attacks - maybe it happens regularly?

I'm in an environmentally sensitive area and got a bunch of quotes from contractors and engineers approved by the town. 

Nothing the city does has any teeth.

The Private Mortgage Insurance is going to be much less than FHA (not to mention it can be dropped when 80% LTV), no Upfront MIP, and it is less sensitive to Loan Level Pricing Adjustments.  

This is a sensitive subject.

Now is not the time to cut your teeth in new construction because of material shortages, labor shortages and declining demand due to high home prices and high mortgage rates.

My two cents worth of advice; don't cut your teeth on Class C as your first investment especially if you aren't within an hour or two driving distance.