Erik, Not much to add to the construction comments, other than yes, it depends on a few things and the site, but generally a good idea. The general rule is, once water is in a pipe, it should stay in a pipe until it finds its natural outlet.
Sometimes the design sort of has to work its way up from the low, at least the drainage design. Wild Wing Avocet Course was one such project. Only 3 feet of fall across the entire project, so I found the low point (in front of 5 tee) used that to set the lake elevations. Each of 5-6 lakes is at the same elevation connected by big, deep pipes to function as one drain outlet. On the first two courses by Willard Byrd, he chose to add 4 feet to all fw to drain those holes locally, and invested 400K of dirt to do it. By a combo of lowering the drain outlets, we probably only "wasted" 200K of earth.
There are other examples, of course. That said, on a gently rolling site, there can be 2-4 major watersheds, and an outlet and plenty of fall in each, then design is easier, but you may still need to build each up from the bottom.