Save yourself time and money, understand how to properly value a deal (which includes assessing the risk as well), keep it simple in the beginning. 

What I am trying to learn is the best approach to both as well as an understanding of the criteria that I would use, to make a decision on which way to go with the property, and why. 

Please help me explore the pros and cons so I can try to find creative solutions to make seller financing a win-win-win solution for the seller, the buyer, and the realtor.I understand that the actual number of people that could sell in this manner may be limited.

It will also help you to understand the limit of what you should be shopping for.

Is anyone having any success with a Central Indiana accountant that understands real estate?  

You can find all the information you need to understand evaluating properties on this site.

I do also understand that its hard to find lenders for this because there is no equity until the construction is finished.     

I don't understand why you were told to prefer NC over SC just based on property taxes.  

I understand you are frustrated as your process has to start all over again.

Need to understand which turnkeys geographies have the best locations - is there somewhere with this analysis?