Drafted a plan, gathered estimates, created a budget, put together DTI sheets, even got an "as-built" appraisal, and also have it in a permit status at the Local Building and safety office.Then I started to look into the construction loan and the permanent financing....to do it myself, and not through a builder.I soon realized that there are sooo many companies out there that want to try to help...but cant  (some of them were even on this network of people):  don't have builds on record, won't allow for owner-built homes, my credit is less than 680, while carrying the construction loan, there may be a point at the end where because i have my rental house while building that it become hard to pay, and  I can't pull out a private loan to help start process because my credit cards balances are horrible...and my "business" has no show of income.So, now we are here in the present time....   

Money partner. 3 year term, 6 points initiation fee and 11% monthly interest (No appraisal or other BS).How did you add value to the deal?

I personally want to get the highest appraisal possible.

When planning a transaction that involves conveying real property to a controlled entity, the property tax records should be reviewed to determine whether there is a gap between the fair market value (“FMV”) (from the county property appraiser’s perspective) and the assessed or taxable value (the amount on which the tax is calculated).

Also see if you can get your hands on an appraisal for a similar type of property. 

Regarding loan terms changing after the appraisal was done most likely and the appraiser marked the property as being considered rural, is not something a loan officer can entirely know in advance if they are not local to the area. 

Putting two homes under agreement then paying to do inspections and appraisals etc. is a complete waste. 

If they are asking for any upfront fees besides the appraisal, -- Run! 

I do not think is my price because we are already 20k under appraisal.

Or would an appraiser do a new appraisal and put down 5 units blowing it?