Dave Meyer and Henry Washington answered this question during the podcast episode we published yesterday (Ep. 1,057).

Sounds like this is at a discount.

If you have the capital, then it would be best to try to force some equity or buy at a discount and refiance.

I will ask if there would be a discount for better accounting on my part. 

The best and most appropriate way to get a value, in my opinion, would be to use a discounted cash flow model.  

Looking for guidance on options. new builds aren't hard to finance and I would argue they are preferred to existing fix and flip loans, especially if you have experience. banks look at your experience, your builder's experience, loan structure, permits, etc you need to get an experienced builder familiar with advanced underwriting and negotiations with local, regional, and national lenders. in columbus we do ground up construction for clients at a 20% discount so they can BRRRR out of the new build with equity and we have pages and pages of data on what we build and why and it's all supported by market statistics. 

And they should have accounts for everything with heavy discounts built in for their quantity buying.

I would certainly try to rent it, even at a discounted rate, until the next school cycle. 

At times you can find discounts in marketing to this niche. 

There was one here local to me that was on the market for over 2 years before it sold at a significant discount.