Meaning you can sign a pre sale contract today with $500 earnest deposit and when that house is finished the builder is obligated to sell you that house at the agreed upon price. 

. -  As Josue noted if a property has had major improvements, the assessed value would reflect that; for example, pulling a permit to finish the basement requires an estimated cost.

Counties and cities want to post bonds because of last downturn the roads on failed projects went unfinished and they were stuck with finishing out roads at taxpayer expense.You didn't mention topography of the land.

He was unable to help which meant paying more than budgeted.I was finishing up two projects around the same time.

I just finished my first house hack and have spent the past three months renovating to get it rent ready.

Pulling out cash flow in the beginning will only slow down your growth and delay goal attainment.

I have this in my finished basement and it's doing a great job of heating my house so long that I keep the basement door open.

It is mostly updated, but needs some finishing touches such as new flooring in the bedrooms and probably some better landscaping. 

My wife and I recently moved and with the equity from selling our old home we were able to buy our new house 30k below market value with only having to finance less than half which was awesome and kept a portion to finish minor rehabs inside and to redo the roof and siding.

Two weeks ago when we finished a remodel on one of my rental houses the leaves in the front yard were blown/raked into a pile and places in five paper bags my county requires.