This will open up more favorable loan terms and the ability to potentially add additional contingent funds or "developer" fees into the loan which can give you some additional drawable funds to navigate any learning curves you experience during the build.

In raleigh, you still can have all sorts of contingencies and get done. 

However, it's now in escrow w/a pending buyer who waived all contingencies and is offering to pay a premium on this house.  

Only do what is necessary to increase in value.Below is an estimate of how much they owe.MAKE an offer contingent on Home Inspection."

I would love to send him the contract asap with 30 day inspection contingencies, but should I try and purchase this directly with a hard money lender and the.

Given many lenders are willing to fund soft costs such as construction management/development fees and items such as leasing fees, and incorporate contingency line items up to 10% (even if you don’t believe that’s necessary) if a combination of these were theoretically incorporated into the project pro-forma that’s utilized by the bank, the project costs might appear inflated and require slightly more cash up front.

That might be why they want an "All cash" no contingencies offer.

. - best to have a contingency plan in place if self management doesn't work for you.Wish you well  

What I've done also done is sold the wholesaler (using large national companies like NewWestern) the deal contingent on them finding an end buyer.

They seldom can be purchased from the wholesaler via conventional financing or with contingencies (another risk).