So for example, if I can buy a new construction home for $400,000 (which was negotiated down from $435,000) then hopefully my $80,000 (down payment) was used to buy an asset which will be closer to $500,000 in a few years. 

Now, either I'm not posting in the right places of i.e Cragslist / BP etc or my ads aren't as well constructed as I think they would be to attract motivated sellers.

He comes from a construction background.

Usually repair construction is quite obvious. 

There's been a tremendous amount of new home construction in our area, even before Covid and the new houses have very small yards with no parking besides their 2-car garages.

Had a neighbor (retired from Minnesota) who does home construction and real estate stop by to check out the bulldozing to see if he had any recommendations. 

I have an agent that's recommending a new construction in that zip code.

Quote from @Suganya Vinayakam: I'm currently constructing an ADU in Southern California.

Many other projects have reduced or suspended planned CF distributions and I've also had a few capital calls in which I did participate since the business case still made sense (the MF in Florida had a capital call to finish construction and get through stabilization and it still returned the 32% IRR).I expect almost all of the deals to be OK, just later exits than originally projected.I am very concerned about one project and have already written it off in my head.  

100% Financing on acquit ion + construction.