Thanks again for the insight and I'll keep all that in mind on my next analysis. 

Make sure to dive deep with your lender on the analysis to ensure you make the right decision based on goals, short and long term. 

Interesting analysis and topic! 

Only if you want someone to handle the transactional side, schedule inspections, coordinate with title, and do analysis for a future sale or rental potential.

Then, if you are able to narrow your search to a few specific areas in the Sacramento region, an analysis may be ran to compare past appreciation of those areas.

Do a sensitivity analysis.  

Why am I giving up an equity stake for someone to run the same comparative market analysis I can run to come up with roughly the same number I would?

I am 100% a believer that each deal needs its own analysis.

Is there anyone or any group locally that analyzes a bunch of deals or have any old analysis sheets I can see for practice?

The builder will need to supply a Cost analysis, Blue print and a few other things prior to the Draw being negotiated and set up.The land that you own will act as "Equity" to offset the LTV/LTC so you are off to a good start.