First you need to make sure that they are zoned for this use, secondly will the city and it's board members approve this type of new construction?

Hey there all, i have just been approved for a 4 plex up to 520k and i live in Anchorage, Alaska.

.) -- you'll have a much better chance of approval as an individual for a residential mortgage (anything up to a quadruplex). 

This nonsense where some “investor” who 75% of the time doesn’t even live in the same city or even state  can swoop in and buy up all this property and carry ten mortgages while most of my generation can’t even get approved for one mortgage and are paying so much in rent to out of state and foreign landlords who hoard all the houses we might want needs to be curbed.

Are you pre-approved for a loan? 

Already approved for 250K need a realtor who can help them find a property within 30days or less.

Most lenders want shopping center 50% pre-leased before the construction loan starts for non-experienced developers.The cost of construction per ft for a one off building is very high because the starting developer does not have the volume to save money ordering in bulk and have full time crews doing only their projects.Additionally you might want to use certain building materials but the county or city dictates higher end finishes to approve the site plan which add about 25 to 30 bucks a foot more to overall build costs.

I would think you would need an engineer to plan out the flood zone remediation method in order to get building permits approved. 

Because I had said I was waiting on getting pre approved first because I thought I’d have 10 days window to shop all lenders without my credit being pulled and he said don’t worry about that, just go with a Mortgage Broker and they would shop for you and your credit would only be pulled once.

Here, you need to convince the town that what you intend to build meets their criteria, or why they should approve your variance.Sorry, not trying to make you feel bad about asking a "confused question."