My wife is retired and I'm "semiretired" heavy emphasis on the quotes. 

I guess your risk is losing the land if the construction loan defaults, or perhaps being dragged into any mechanic's liens from subcontractors, but hopefully you can figure out a way up front to be indemnified on that.

Mechanically speaking, that whole process is what a title company provides, and it definitely simplifies things (and generally provides better assurance of a good outcome) to use a title company whenever possibly. 

Quote from @John Underwood: Also insurance rates are cheaper in SC than FL.Heavy emphasis on this one, especially if you are doing any kind of BRRRR, not only will insurance be expensive, but might also be tricky to find as some providers have stopped servicing FL all together. 

In fact, depending on the fact pattern  even negligence may only lead to representation as the carrier will agree to defend the insured under reservation of rights.It's very important for real estate operators to understand the role insurnance plays and the mechanisms of coverage and relationship between transactional participants.

My concerns with delayed financing are the double closing costs.I don't understand the mechanics of the different loans and what the tax benefits are of the different options.Thanks to everyone who has replied to my previous questions.  

This is after averaging out the costs of 1) roof, mechanicals, siding, flooring, etc. and dividing by their life span then also subtracting general maintenance costs (handyman type stuff frozen pipes, etc.) you see each year.

This is a good concept, but to translate into a game, you have to have some core mechanic that holds it all together.  

Wife to an Army veteran/marine biologist/mechanical engineer/healthcare administration executive.  

You can check at the courthouse for recorded mortgages etc, but there are liens that may not be possible to determine such as an unfiled mechanics lien.