That's cool tho what part of fl are you in 

Many places in FL are experiencing a market slowdown.

I blame a series of Presidents and administrations who avoided actions and shoveled the mess forward to future generations to sort out, compounding the problem again and again. 

Pause + Hold Strategy (Minimal Spend)Secure the land by ensuring taxes are current and title is clear.Apply for any other permits (grading, erosion, site layout) that don’t require water service — this keeps you moving forward.Design the home and submit architectural plans (if the city allows), so once taps are available, you're shovel-ready.Monitor city council agendas and planning board minutes — developers often get early access to updates through these channels.File a Right of Way Permit or work with a civil engineer to get partial approvals (culverts, drive cuts, sidewalk plans).🧩 Why this helps: You control the dirt, build goodwill with the city, and shorten your timeline later — without sinking more budget now.💰 2.

Any number of issues can upend a project like that even before you put shovels in the ground.

We did all of our turn overs, mowed all the lawns, shoveled all the snow, did all the painting.

Subto is unpredictable in how it proceeds and 6 months down the road it could flare up.

Project is shovel readyAnyone lending on something like this with reasonable LTC/LTV ratios ?

Quote from @Thad Wharton: We are quite new to real estate and we purchased the home we rent out the ADU for as COVID was flaring up.

Also keep in mind our bare lots cost 175 to 250k.. and then SDC ( system development charges / hookup fees) will run 30k to 75k per house. so pretty much at your median price point on bare dirt before we even  put a shovel in the ground.