You won’t get clear title for at least two years but I don’t care because I’m a buy and hold person.

Hey Oren, Your title company should be able to support you with that.

Buy and Hold?

Investment Info:Single-family residence buy & hold investment.

I capture different formulas for buy/hold, rehabs, loan costs, material costs.I made one excel workbook with several different sheets.

I don't personally have any insight on this asset class, but you have to be able to answer the questions I presented with favorable substantiated support.

I know this is new construction, but everything that is new today has a useful life, so if you plan on holding long term, reserving for new roof, HVAC, appliances, etc is typically worthwhile.Not sure of your design, but if you are building these with any common areas, you will likely have a "house meter" for the common area electric.  

Thanks for the support!

I currently hold 2 months of security deposit for them. 

I don't think litigating over it is a "win" for most people, certainly has to be a lot of money at stake for it to be worthwhile.I'm not sure what the point of your post is, but since no one has pointed me to a cite to support their opinion, I assume it's more urban legend than fact.