This is a brand new construction. 

I received my desired density and $1.3M in imputed equity that recently allowed me to finance the construction at 87% LTC through a bank.

I have a in depth background in construction and tend to understand what quantifies as a major issue more then most. 

Quote from @Brendan Duggan: Good afternoon,I started to lend out my own capital back in January 2024 and have originated 14 short term loans on new construction sf homes.

How do you PAY back your contractor, did you take out a construction loan and repay them once the property sells or you refi?

I would try my best to fly there once a month during construction and do you think i can trust the gc to handle everything.

When it comes to out of state investing unless you are doing the construction yourself.

Since you will be the guarantor for the construction loan, the lender will expect you to have ownership interest in the real estate. 

There’s a real opportunity to hit those $1,500 to $2,000 rent ranges, particularly for updated homes or new construction (built to rent homes) in the right neighborhoods.

Property details: 3 bed 2 bath both sides with attached garages, aluminum siding, copper plumbing, 1972 construction, separately metered, all electric water heater, range, dryer, public water and public sewer on a slab foundation in a great school district right next to brand new construction everywhere.