What about a target in terms of the specs on the properties you will be looking to invest in?

I am not a licensed GC but I have experience building spec homes that I could show a bank Fine paying a higher interest rate on the construction period of the loan, but would like to be more in line with traditional mortgages rates on the perm portion (although fine paying slightly higher if I avoid closing costs for a second loan)Do y’all have any recommendations on specific types of loans for this or specific banks I should talk to?

@Joel Owens According to our agent, the developer is working with the fitness chain in the construction of the property so that it's being built exactly to their specs.

Can you guys help me decide on the specs and the type?

. - United pulled out just now like American Cap, Avatar, Fednat, Florida Spec, Guarantee, Gulfstream, Physicians, Quality... what if there are no insurance companies and ONLY Federal insurance ?

For spec, it's become even worse as lenders have pulled back/tightened up. 

Beyond that you've got constant fighting with the neighbors, layers of nicotine caked onto your walls, constant complaining, broken windows, no batteries in your smoke detectors, and a yearly Section 8 inspection that requires you to pay to fix a whole bunch of tenant caused damages. 

I'd like to show you the demographics of demand, capitalization, c.o.p and actual sells compared to the average spec or custom home?

My online posting (Craigslist/Postlets/MLS) went up in mid-December.I know December is crappy (we build spec homes and can't sell anything in December) so I understand that.  

I'm in the process of getting the plans to spec build the new house.