Purchase price: $515,000 Cash invested: $960,000 Sale price: $1,850,000 New Construction development, What made you interested in investing in this type of deal?

very high risk even I only do them with very specific investors in mind and a plan. we dont flip land we develop every one. 

So, your property must be secured with deterrents to hopefully stop this from happening - but, it's impossible to guarantee security.

When your LLC takes a loan, expect as members to personally guarantee the debt.

Many Texas cities are incentivizing developers to build affordable housing units, but challenges remain around keeping these homes accessible long-term.

@Peter FirehockI live in the area inside the beltway and developed Oronoco and worked on Robinson Terminal South.

Most people don't qualify for that relationship.The seller financing will not show up or affect the credit score.However, when applying for a loan at the bank or especially a Federally Guaranteed loan, they ask on the application for ALL Loans, whether  or not it shows on a credit report.

Keep in mind that you will probably be required to sign a personal guarantee of the loans.

You'll need more capital and most will require a personal guarantee and personal financial backing. 

Regarding the HOA and CC&R's, the builder can make changes to the CC&R's pretty easily while the development is under Declarant Control.