What is the ongoing work within the project?

The goal is for you to generate leads for good investment properties.

That leaves me $10k short, which I could pay cash but fear I might be strapped buying our primary residence (203k project). 

You can also hold money for maintenance, capex, taxes, insurance, or other projected expenses.

As long as you're comfortable and committed to your goals, you'll be well on your way.

My goal is to use the least amount of down payment as needed.

The goal is to buy a property that can pay for it self and still have living space I can use when visiting and to have it before the next summer Olympics in 2028. 1) what price range?

New construction offers a unique blend of potential high returns and control over the investment, making it an attractive option for those looking to diversify their portfolios.The Advantages of New Construction InvestmentCustomization and Control: New construction projects offer investors the chance to tailor properties to meet current market demands, ensuring higher occupancy rates and returns.Energy Efficiency and Sustainability: Modern constructions come with the latest in energy-saving technologies and sustainable materials, appealing to a growing eco-conscious tenant base.Lower Maintenance Costs: With everything brand new, the initial years following a new construction project see significantly lower maintenance costs compared to older properties.Tax Incentives: Many regions offer tax benefits for new construction projects, especially those that meet certain environmental or economic development criteria.How to Approach New Construction InvestmentEmulating Buffett's investment strategy involves careful market research, understanding local real estate dynamics, and potentially partnering with experienced developers.

@Josh Garcia, it is possible to 1031 exchange out of a property that you've built and reinvest into another construction project.  

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.