Wipe the hinge pin off with a rag or paper towel and look at it. 

Soft close drawers and doors standard.

Quote from @Thripura Vemireddy: HiThe return seems amazing in this market conditions.Would you mind tellingDoes 258k includePermit fee (soft costs…etc impact fee)Loan costSelling cost(realtor, closing costs)GC feeHolding cost(tax, insurance, utilities..)Thank youReddy Land is purchased as equity, turn permits in while we wait to close the home, once the site is entitled and "shovel ready" we close on the construction loan.

As prior service I know all to well her situation.Sheila, another option specific to your situation is to house hack (buy a duplex, triplex, quadplex and live in one of the units while you rent out the other ones.

Still, as the market becomes very soft, there should be better deals out there. 

@Brian AdzadiYeah we went to Wells Fargo and they offered 5.3% whereas the regional bank offered 5.75% and I figured it's better to go with the better offer.I think my next quote coming in on Monday is from PNC bank

That doesn’t take into account any of the soft costs, costs of land, or construction overruns.

Anyways, I am looking for advice and asking those who have more experience and knowledge than myself.The property in question (located in SW Michigan) is quite distressed, missing walls, probable termite damage, damp/soft flooring, and probably many other issues. 

(toilet paper, paper towels, cleaning supplies). 

I have to change that in one of my houses right now... smhI will stick to soft white.