I was wondering if there were any builders who have any good strategies on where to buy land when you're looking for spec homes.

The Homeowners Insurance will include Builder's Risk.

- Good source to find reputable and experienced small multifamily builders once we firm up a specific market?

I absolutely love the design aspect of the projects.

There's plenty of companies who design and install for contractors for reasonable prices.

Now I can see some builders having an issue with comps.. but other than that its crazy to take these funds as income and then pay tax and plow it right back in.. 

However, there are other loans designed for fixer uppers referred to us hard money loans, bridge loans, or fix and flip loans but whatever you want to call them they're essentially short term, interest only loans with no prepayment penalties designed to finance a higher % of your purchase price and typically all of your renovations not to exceed a certain % of the ARV (typically 75% max). 

My brother-in-law, who owns a landscaping company in Lee’s Summit, works with a lot of local builders and has been a huge help.

Since you are not doing super high end finishes as mentioned, doing high end flooring and all other stuff just above builder grade does not warrant tile or full wood flooring. 

This kind of community is designed to attract certain individuals that share the same values for the outdoors, smaller living, and a healthy community.