So horizontal construction is complete and you are ready to go vertical? 

We have many new construction properties where there is a builder rate buy down in the 5.5% to 5.75% range on a 30yr fixed loan.

Thanks Robert.Saying every lot in Lehigh acres isn't in a floodplain is a bit misleading. the reason most the homes aren't is because they are raised above the floodplain by builders and removed with a FEMA app. we do the same thing in columbus. land typically sits at or below the floodplain and is driven by FEMA maps you are right but you need to look at each independent lot location. unless I'm wrong, not one lot in Lehigh acres is in a flood plain?

Typically only VA, FHA, and USDA loans are assumable, from my research  For this assumption, the loan still stayed in the seller's name.

Typically the houses we rehab are 20 - 50 years old.

They typically expect 30-40% down and 10-15% in reserves depending on the risk factors of the property.  

Typically with a property this size you require the schedule E tax transcripts of the seller from the IRS.

He knew the terms of the construction loan before he started.

I grew up in construction.

That typically is investors.