But that's not saying it is 100% accurate in recent flooding of Katy and Cypress areas in Houston there were houses flooded that they were not in the flood zone, one of the reasons apparently is the amount of new construction that was done over the past few years changed the flood plain.

I've been surrounded by the construction industry my entire life and, by extension, the commercial real estate industry.

A construction loan perhaps, but at what terms?

It all works and a year or two after the 8,000 multi family units downtown/west end that are currently under construction come on line there will be tremendous demand for the single family houses .5-1 mile away. 

We both utilized our saved funds and favorable construction loans from a local community lender and closed on these properties in 2015.

I guess I see construction sides everywhere :).

It requires a whole basket of skills and you have to be good at all of them including knowing your market really well, marketing skills (and significant funds), negotiation skills, understanding investment strategies and what makes an attractive deal, estimating rehab and construction expenses, estimating after repair values accurately and networking - to name a few.

I am managing a a construction project out on 17th St and the guys out there told me there were gunshots out there yesterday.  

Any construction advice would be appreciated.

Folks,It is possible to build a Passivhaus compliant home (energy consumption <=15kWh/m^2 per annum) using off the shelf materials with a marginal increase in construction costs (~10-15% ... less as the workforce becomes more skilled).Primary heating and cooling of such a home can be accomplished via the ERV/HRV system with a small auxiliary heating source (there's a house here that has a 1500w auxiliary coil to provide additional heat to the fresh air supply during the coldest part of winter ... that's essentially replacing your furnace with a hair dryer).Even a near-Passivhaus construction (or retrofit) can lower energy costs 70% or more in comparison to the conventional (or even R2000) house being built in Canada these days.