@Byram Heights I don't know your market but looking at your listing, I will provide some generic comments. 

Make sure you feel comfortable with the lease terms in case someone does need to be evicted and review the policies of Oxford House or anyone else you might rent to.

Would you all feel comfortable or is it safe to have a mortgage on the property if the value is just the land at the beginning of the build?

If the property does not provide for all three, you should not underwrite or make investment decisions based on the property operating as an STR.

The one I am used to using provides cost estimates of various rehab products based on specs about the house.

It can provide tenants more options and possibly lower rates, but it can also signal oversaturation and make tenant placement more challenging.

Feel free to message me as I'm happy to provide more details. 

Upfront expenses and monthly payments must be considered when calculating the return on your investment.EXAMPLEI will provide details below, but here's the short version for those who hate to read or do math.

Thanks for any information you provide!

Anyone been in a similar situation or is able to provide any insight?