I think their general stance is going to be to go with whichever comparable property has the greatest degree of similarity in terms of (probably, in this order): location, age built, quality of construction/current condition, and square footage.

If the appraisal deems it to be "Subject to" you will have to use a renovation loan/construction loan to repair and close. 

@Roger Mace I would be skeptical of a lender who holds themselves out as a  non recourse construction lender.

Affordable Construction: Thanks to the small footprint of these homes, Griffin Modern’s designs avoid costly engineered lumber.

@Kent FordI agree with @Ryan Konen regarding areas like San Antonio’s outskirts, parts of Fort Worth, and growing cities like Tyler and Lubbock, which are becoming popular due to relative affordability and job growth.We will see an interest in smaller metro areas where prices are more accessible and a surge in new construction aimed at entry-level buyers.

Quote from @Algerson Andre: Hello Everyone - I own property in Buffalo,NY that sits on a big lot that has the potential to serve as ground for a New construction duplex to be built.

Your construction background is a huge asset—it’s a perfect match for real estate investing.

Having a tangible property to discuss often leads to a much more constructive discussion.

So those were all on my Fico.. my Bank loans from my commercial banks dont show up IE: development loans  vertical construction loans..

Also hoping it would help me evaluate properties better or gage compentency of construction crews i work with.