If they aren't taking good care of something small like this in the first week imagine how they will treat you down the road, I'd fire them and hire someone else. 

I suspect the builder has crappy credit and can't get approved on their own.Also, as a former banker myself, local banks aren't generally interested in financing new construction on this size of project or a builder that doesn't have extensive experience in these type of builds, in my opinion. 

In reality, you're not going to want the kind of tenants that want what you have to offer but aren't in a position to buy.

@Sharad Bagri  As mentioned above, home warranties often aren’t as beneficial as they seem.

Once you're able to analyze the existing condition of these 6 systems, you can then source piece rate pricing from sub contractors or a GC -- this may be done by quantity, day rate, etc.

I think most of these bad investment investors aren’t learning.  

By using your current approach in Mount Airy I am certain you are going to disqualify opportunities that shouldn't and move properties to the top of the list that aren't deserving. 

Luke - as an active investor and Realtor in mid-sized NC cities, getting 5% with today's home prices and interest rates is impressive in areas that aren't D or even C class assets/areas.

Therefore Bill & Jane's vacation house in the Hamptoms or the ABC Company tenant 10,000 SF commercial build out is ahead of your development.Robert- If you do have the correct Architect for your project, then the problem is: they aren't incentivized to change anything.

I'm not saying I won't ever represent myself, but the commissions aren't relevant in the grand scheme of things to me because there's plenty of money to go around everywhere if you're doing this right.