Thank you as always for your thoughts Adjust your plan of attack man.

The interest rate choices are:* 3 year adjustable 5.99% and a 5.99% floor (based on Wall Street Journal prime rate + 0.49%) Payment will be aprox $5055/month* 5 year adjustable 6.25% and a 6.25% floor (based on Wall Street Journal prime rate + 0.75%) Payment will be aprox $5160/month* Accrued interest will need to be paid at closing on the construction loan, if no changes $3011.63 as of 5/31/19(this would increase if the $10,500 of undisbursed funds are disbursed.)

I hired a home inspector about 2 months in to get their take and made adjustments. 

My bank got me approved for WSJP+2.00 (7.50% fixed) for 3 years, rate adjusting every 3 years to the current WSJP plus 2%.

The parts that really require face-to-face interaction are:Technology-challenged clients.When *I* need to verify identity or competency of parties I'm dealing with.Certain parts of litigation.If a client simply must see my face.Most drafting and doc review, I do this remotely through email, scanning, shared folders and docs on my practice management system, telephone, and web-meetings.Texas is larger than most European countries. 

You just have to adjust your numbers.

This converted to a non financed cap rate of about 8% at closing, then with some swift expense adjustments brought that up to about 11%. 

@Alan Grobmeier, they appear to be permitted, the public records indicate ' 3 dwelling units' on a 3-4 unit zoned loti also happened to find another almost identical property that has the same configuration, just 4 individual houses, public records also only show the 'primary residential structure' with its respective sqft, not all four, BUT the MLS data on that one accounts for the total sqft, and prices it more accurately.. so lets make this a hypothetical question -IF it is permitted, would that not be worth more?

I am refocusing on another targeted market and adjusting my Business Plan thus the reason for the possible liquidation of this area holdings.

As an agent you will need to begin building your identity as a trusted advisor in home sales and purchases.