Neither can be there regularly, so we need hands on the ground.

The renovator mentioned the house is in poor condition, requiring a ground-up renovation, which would demand additional funding.I’d greatly appreciate your insights and advice on this matter.

They won't make that much money as farm ground. 

30 year fixed, low interest rate DSCR BLANKET loans (put multiple 1-4 unit properties under one loan for cash out or for purchase).Ground Up Construction loans for aspiring developers with NO Experience100% Financing on Fix and Flips (just pay closing costs and prepaid taxes/insurance)Fix and Flip financing that requires no appraisalHELOCS on investment propertiesBuilder's Forwards (for medium to larger developers who want to hedge interest rates on their properties they plan to sell so they can offer "low builders rates").DSCR loans for long term AND short term rentals (I think this is becoming more and more common, but some people have still never heard of this).And so much more!  

After ADU built from ground up!

Farm ground they will only collateralize at 65%.  

What about the ground up developer that exhausted their interest reserve because  the construction debt was tied to the fed rate, but the project is still perfoming well and they want to hold off on refinancing a bit longer because its still a great long term hold but given the pre-payment penalties they are opting not to lock into a perm rate yet beleiving favorable financing will be available with a patient approach.....

Issues will always arise in real estate--it just comes down to the team you have on-ground and good communication that will either make or break any investment.

I f I were to convert the place to non-residential afterwards or do like a ground lease do you know if that would affect the loan?

Just have to establish good boots on the ground.