I'd be concerned about being the first few builders to bring a finished product to market since who's going to want to buy and live in a construction zone.

I agree with taking it slow, but the 800 credit score is a little extreme lol

During inspection noticed cracks in the driveways and after further investigating found roots causing the cracks and were going into foundation..My main concern was roots damaging pipes before having that issue I had tree removed.Honestly I have no idea how big are Cherry Trees and how are the roots.

The comps concern me as you are probably buying at or a bit above market value, but $400 / mo cashflow for a triplex is nice in this market and is hard to come by. 

@Brandon Sturgill Concerning the the Virginia state regulations I believe to be a licensed broker you have to work as an agent for 3 years, but I am unsure if the degree in Real Estate would negate that.

This can be extremely complicated.

I spent years doing affordable housing, made a killing at it, but it was extremely challenging.

Although now, flipping is doing extremely well so you may start there.

That doesn’t change the fact that there are many extremely wealthy and successful people who still invest in these markets.

Just seems extremely odd in my opinion, but maybe it's all just normal business for these companies that are too big.