We invest in mortgage notes (performing and non performing).

Immediately, I performed a Roth conversion.

Ensure vendors feel fairly compensated for their expertise.3.Feedback and Recognition: Provide constructive feedback on their work and recognize exceptional performance.

Has this property been working for a while with a track record of income performance?

This might help you see the property’s performance in a clearer light.

It seems like Wagner is just a broker and the issue is with the builder who isn't performing? 

If you are very beginner, then make sure you know all different terms (ARV, AIV, ROI, etc).

The contract must contain:the contractor’s name, address and telephone numberthe approximate start and completion date, including any contingencies that would change the completion datea description of the work to be performed and the materials to be provided to the consumer, including make; model number or any other identifying information; and the agreed-upon price for the work and materialsa notice advising you that you have three business days to cancel the contract, unless during an emergency you waive the right in writinga notice that all payments received by the contractor prior to completion of the contract work must be deposited in an escrow account

Realize the competitive market makes it a challenging market for beginners. 

And/or are you willing to take the risk of being sued by the seller for not performing on a legal contract (and losing your earnest money)?