This is intentional.

I have no intention of doing that. 

This could be a bad move, as if a loss occurs your claim would likely be denied since it's vacant, with no effort/intent to rent.

I live about 1.5 hours away from St Louis with the intention of moving closer to the city.

Communicate your intent to further communicate.

I have a problem with "proposed house design to be approved by the seller" as any prudent investor/builder spending 125k on a land purchase and not knowing whether the expense of design work will even work.My intentions are to build an approximately 2400s.f.house using the most energy efficient building standard available today.

Each phase has a different type of funding, and each type of funding has different funding sources that prefer to fund that phase.In the initial acquisition phase of a deal, it could be that you’re buying raw land with the intent to develop it.

As Joel Owens said, his friends take the long term approach, when I invest in the market, I invest with the intent that these companies will be around for the next hundred years, and I conduct research based off of decade averages as Warren Buffet does, does that mean you will get the same performance, no it doesn't, but it does tell me the company has strong stability and growth.

You can frame it as a short term investment with the intent of refinancing via conventional means after the property is performing (assuming you are looking for a multi-family rental). 

It's my intent that if maybe u live in my area, aside from finding a reliable mentor, maybe u & I could link up, you know, have a formal intro.