20% down with a local bank and a small construction loan for 115k @ 4.1% i/o, 12-month term.

As far as permits and building there is a lot that goes into new construction.

Welcome @Brandon Smith,I am new to the BP family as well, but I am a Licensed Architect in Chicago and have specialized in residential construction (New construction and remodeling) over the past 6 years, and plan to embark into the real estate investment world in the near future.

I'd be thrilled if someone with a lot of home construction experience would PM me so I can send them the full inspection reports.Am I asking for trouble with this foundation?

We moved into the home in December, and it was a new construction.

With them being in the construction line, I don't believe that they are not aware.

I doubt any would have invested when I was just starting out despite having been in construction for 6 years previously.

Commercial, residential, new construction, rehab...2.

I proved this flooring is not going to transfer noise due to its construction, padding & not to mention the floor is concrete underneath. 

It’s near my family in central Florida and I love the solid, block construction of the mid-century Florida homes :) you’re right though, perhaps I should look at selling it versus the HELOC or refinancing options, multi families certainly do make more than SFHs!