Also, securing financing is no different than site built unless you're dealing with  someone that has no experience originating loans. 

A "total reno" can mean it's all original and very outdated but livable or it can be an absolute disaster with foundation issues and sewer and water problems.

We were told the secondary market started rejecting the lower priced paper that they were originating and they were forced to raise the rates.  

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

However, as I mentioned in my original post, my immediate goal is to move out of our current townhouse into a larger single-family home that better suits my family’s needs (we have a baby and a big dog).

Through your local bank that you are using, are you reapplying for each new home for a seperate construction loan or are you setup as a credit line with them and just submit a new budget for each new home 7 mil credit line  ... new budget for each plan that has been pre appraised in the MAI at the beginning of the project.. they did have to update the Mai last summer but again did it at their cost not mine.. banks have to paper their files.. even though we are selling the same floor plans for 100k more per plan than the original numbers came it at and bank has been paid and has all the closing statements showing this data..

. :) You don’t have to make assumptions or a comment that I am “making excuses” to not help myself when I am trying to help myself by posting my original forum.

And the ones that were originally built have been renovated to become a SFH.

I am originally from CA and now have a huge circle of folks like yourself that have investments here in Dayton Ohio and surrounding areas because the returns, low taxes, solid rent, and landlord friendly state makes a ton of sense.

My original SFR was 1100sf and I added 2 units: an 800sf SB9 unit and a 750sf ADU (converted garage plus addition).