You only pay points and closing costs once with a 203k while your typical construction loan is after you already close and pay points and closing costs, then you pay them again on the construction loan and realize they want this construction loan paid off in 6-12 months and you will then pay closing costs again. 

For plain jane SFR type transaction you could go a whole career and never speak to a RE attorney.. the only time is usually when your getting threatened to be sued  LOL for some constructional issue or dispute.Night and Day in how we transact compared to how you folks transact.. 

Try a construction-perm loan.

I have heard that SM Construction might be a good group. 

If they discover that the buyer has not respected the occupancy rules governing access to the property, they may claim a material breach in the purchase agreement. 3) cost overruns often occur in construction projects.

This post is for those familiar with construction costs in the Atlanta Metro Area.

(www.rogoshandymanservice.com)I have been in this career field (construction) since I was 13 years old working for a Retired Marine who was a home builder...and my best friends father. 

(www.rogoshandymanservice.com)I have been in this career field (construction) since I was 13 years old working for a Retired Marine who was a home builder...and my best friends father.

(www.rogoshandymanservice.com)I have been in this career field (construction) since I was 13 years old working for a Retired Marine who was a home builder...and my best friends father.

Now in an area where growth is exploding it is common to have occupancy rates a little lower as pre-leasing is occurring pre-construction and mid-construction for the projects.The area you are talking about I would want to know from the DOT what the traffic counts have been in the last few years prior and what they are today.