We passed on the property as sellers were not willing to compromise… During our funding for the condo we had trouble with funding due to HOA paperwork issues with builder and underwriting.

@Tommy Cramblit I'm a builder, so I'm open to giving you feedback, but your post was extremely vague. 

I've seen many master planned communities from start to finish hence my interest of becoming a home builder along side my father.How did you find this deal and how did you negotiate it?

Have you contacted the builder to let them know you want to assume ownership of the home?

The suburbs are great and the builders down there are putting in some pretty amazing neighborhoods for the price that have some incredible amenities.

I set up contractor/builder accounts all over town.

Whether you’re a builder , investor, agent , contractor , etc ! 

If this is a new neighborhood and the builder still owners over half the lots (or a different percent based on your local laws and customs) the enforcement will fall to elected homeowners once that percent falls sufficiently. 

Did a lot of fix and flip, was a landlord and a new construction builder for 17 of those 25 years 

If you are an investor, builder, lender, agent, wholesaler, or any other facet of RE located in the Quad Cities area, I would love to build a relationship.