Apart from this issue the seller has already refused to pay the 2015 tax hike and HOA additional fees which was brought to our attention in the last minute.

I would highly suggest that you find a mentor that can help you get contractor pricing and their attention when you trying to build your home - mistakes can be VERY expensive when building a home and subcontractors typically have no patience with inexperienced builders.Concerning the funding, you need to check around with banks and mortgage brokers who offer construction to permanent financing.

Which means making the home within reason, the best that it can be with attention to detail and giving the home creative fixtures and touches and finishes which the potential home buyer would not see anywhere else.

News on MACKIt has come to our attention that MACK may not recover from their bankruptcy.

The $40k property was making me around 35% cash on cash return, but this one was on a flood plain, and I didn't pay attention to that fact. 

Paying more attention to the motivation behind the owner to sell.

Most rehabbers yell out cash as their way of closing primarily because cash is king and it gets the best attention from wholesalers, owners and agents to bring them leads .

They are so popular and getting so much attention all over the world since they are so economicaly affordable and green.

http://www.biggerpockets.com/forums/517/topics/217726-118-500-property-for-sale-with-a-tenant-buyer-contract-in-place-for-139-900---3-year-term---get-in-with-20-down-around-25k-with-closing-costsand this was my first post, I thought it was not drawing attention because of the title, but I got more views on this one then the second post above: http://www.biggerpockets.com/forums/517/topics/216714-passive-income-producing-property-for-sale-with-equity-arizonaThank you in advance!

My wife and I are both avid readers and are trying to read everything suggested on the podcasts and anything else we hear about.