Otherwise, you might buy what you want to live in initially and find that the math doesn't work out for a long term rental when it's time for you to move.

I like to get up and workout first thing to take care of my body.

No matter how you finance, you'll need to work out whatever the legal issues are, @Brett Danehey.

A lot of people who do know how to make it work like you do will hop on here and talk about how much cash flow and possibility there is, saying it to the masses, while never clarifying how unique or intensive it is to make that happen.

Potentially you could sell the lots to the same builder that builds the two residences and work out some sort of trade. 

As the others already said, this may work out great for you.

In regards to your deposit that you made directly to the builder than you have to work out new financing or negotiate for return of your deposits or some of it from the builder not the lender ,,It’s possible the builder and lender may be in cahoots.

Unfortunately I’ve currently got a lot of CC debt from a business that didn’t work out, so I’m working on repaying that to rebuild my credit.

Those should both work out better than NH, for sure!

An exception to this would be if you were asking a contractor to do some kind of extremely labor and/or material intensive job such that your failure to pay would create serious harm to their business, or if you are having custom work done that cannot be undone/returned.