The investors that are buying into this development are very quality high and once the builder is out and the homeowners over the HOA, it will be a really well run system.

The 2- 4 unit builders are never, ever DSCR constrained, in fact I've seen some incredible DSCR numbers when pricing 2 - 4 unit refis. 

Did you obtains builders risk and general liability policies during the renovation process?

I’m a full time investor and builder in the Raleigh area.

Let's say next Spring if you hydro mulch and water and fertilize like crazy you can have a nice yard full of grass in the back next summer.I have seen some builders about this time of year use some kind of roll out mats to keep the dirt covered until the house is ready or Spring for sod. 

More of something to think about, and like I said, I'm not sure I believe that, but as we discussed the careers of several agents that we have watched over the years, it was pretty much true in these examples.Another idea is to visit new home builders in those cities. 

-------------------------------------------I am involved in a construction project which requires a Builder’s Risk policy/coverage…something off the beaten track for most people.

So if you bought in the wrong time you lost money and will never get it back.Lets now talk about SWFA  Lehigh Acres Corral gables same thing prices in 2007 ish peaked for the standard 3 2 1200 to 1500 sq ft rancher at about 250 to 275k each.. then the crash of the GFC I was in contract to buy out a builder all new builds for 100 of them for 125k each..

Hopefully you can connect with some great folks with experienced builders.

It became everything from a drug den to sex trafficking to an illegal auto body shop.