The process is very involved as you'll have to navigate pre-construction activities that involve architectural plans and approval from the city and then the construction activities (Shovel to soil) take anywhere from 5-9 months depending on how much your building. 

You could build that in phases and finish the first 4 and then get your lender to do a construction loan on phase 2. 

As for seeing more DOS invoked I dont work directly with those doing sub too in my day to day.. we are selling brand new construction and doing JV deals with flippers there is no debt to take sub to and sales are all cash to us.

Otherwise, the work went OK, but the construction time ran significantly over. 

Floor boards were severely charred and inspector worries there could be damage to framing in parts of the house we can’t see (in fact, that side of the house seems to be sagging anyways, which is worrisome). 

3 homes scheduled to close this week:1) Tuesday - New Construction Home with GreatLeaf Capital2) Wednesday - My Great Grandmother's home in Waycross, GA (Photo below)3) Friday - New Construction Home built by my Siblings and ILet’s see if everything goes smoothly.What do you think?

Hello Scott, developers require a minimum down payment of 30% and the balance in  to 9 months in a pre construction condo.

With 4 years in container conversions, we're transforming shipping containers into modern, efficient tiny homes and small homes.Currently working on a small, 10 home, senior housing development.Expertise: Container home design, sustainable building, alternative housing.Looking to: Connect with investors interested in container homes, share knowledge about factory construction, and learn from the BP community.Feel free to reach out if you're interested in container homes or factory building practices!"

But it's a lot of extra stress living with small kids in a construction zone.I will say, I am probably not repeating the process as the returns don't seem enough better than the stock market to warrant taking time away from my family. 

@Yezenia HernandezI started with pre-construction short-term rentals in the Riviera Maya, since it's Mexico's and one of the world's main tourist destinations and so the profitability has been very high there.