Before diving in to offer advice, I'd like to clarify a few things with you, if I may....You mention that you are going to live in the property while you renovate. 

Would appreciate advice and even offers for partnership in this project maybe from someone experienced.

Any constructive advice would be much appreciated. 

A new build needs to perform better than that to make it worth your time, all the risks and capital concentration.thanks for the advice everyone and would be happy to connect with you: @Bryant Brislin @Dave Wells @Leilah Davis @Joshua Stewart I have been building 15 to 20 spec houses a year now for 7 or 8 years..Just curious, generally from start to finish, from closing on buying the land to collecting a check after building the house and after escrow, how long is the process taking you? 

I appreciate your answers and advice in advance! 

Any tips or advice would be appreciated!!

Thanks for the advice.

Great weather and very low crime rate.I am humbly looking for seasoned syndicators and sponsors to  advice or team up with me on this new venture.

Readers should seek professional advice.

I am certain, I have many more questions and things I should consider and look forward to reading many of the informative posts on the website and look forward to hearing your advice, thoughts and/or questions.Thanks!