I think that is the important aspect is appraised versus purchase value.

They don't want to foreclose on a home that'll impact other residence.

That said, will poke holes at some of the other aspects of your proposal. 

Georgia Amendment 1, which authorizes the General Assembly to implement a statewide homestead property tax exemption, has far-reaching implications for both current homeowners and the broader real estate market.Short-Term Positive Impacts for HomeownersThe primary benefit of Amendment 1 is the cap it places on the annual increase in a home’s assessed value, limiting it to the statewide inflation rate.

Natural disasters and requirements for 100% hurricane coverage have had a dramatic impact on HOA's insurance costs, and also affect Buyers due to lending requirements. 

Or perhaps they’re searching for peace of mind with a team they can trust to handle every aspect of their property?

I have over 25 yrs of hands on construction experience in almost all aspects and need help/guidance to build/grow a portfolio or fix and flip. 

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.

.)✅ Did seasonality impact your strategy?

They bought the land in cash and are getting cash back at closing to use as additional funds towards their next construction draw phase.Budget Considerations:With your $200-220K budget in mind, costs can add up quickly, especially for utilities, permitting, and impact fees.