Additionally, if you got a loan on top of your cash advance (say, you only had enough cash for a down payment) then I imagine you're also paying loan fees twice.This may all be fine and dandy if the numbers work, but is this a viable plan or a total gamble?

The (implied - recorded in Wake County) 1997 CCRs predate the North Carolina Planned Community Act but many sections of this Act pertain "to all planned communities created in this State before January 1, 1999." 

Make sure you decide to concentrate the one you planning to do. 

Still depending on your estate planning, going through these jumps to save your historical appreciation (thus also a step up in the real estate upon death) could be worth it.

I had planned to use some of this as reserve.

I am also less aggressive at acquiring properties since covid, I like to work less and hang out with the family more.I have a plan, but I would like others to chime in on their thoughts.

So if you plan to take cash out and not "Sell or take more cash out" in (X) years.

Is there any website i can use to find a floor plan of an existing house even if i dont  own it?

Nothing kills a deal more than poor planning when it comes to financing. 

Planning to talk to owner.