Before i start this discussion, just let say that Louisiana will always bounce back and rebuild bigger and better than ever! I am newly implanted into the world of real-estate investing, not real estate, i was a realt...

Heed the warnings (and opportunities) of those like @Arlen Chou that voice the risks - and what you can unlock.

Be warned that the more efficient of a building you plan to construct (which is always in your long-term interest), the smaller the population of experienced contractors you will have to draw upon .... as sad as it sounds, despite being a northern country, and the home of much energy efficiency research, Canada has a poor track record of building high efficiency into our building codes and housing stock.

Thanks for the warning!

If they aren't pre-approved, they may have no idea what the lender will accept.However, don't confuse that situation as the "time consuming" warning others have given you.  

Any warnings, suggestions, etc are certainly welcomed.  

I warn you, judging a rehab budget can be tricky when starting out. 

Thanks for sharing your wisdom and your warnings.

On a whim, I clicked on your footer link (landacamedy.com), and got a Chrome TSL warning for the domain (error message shown below).  

When investors buy properties I always warn them they should have 3-5k available for neglected repairs from the previous owners even on houses that supposedly need "nothing"...