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

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.

new construction homes everywhere. many people waiting on the fence. once the rates drop its going to get crazy again.

Obviously, this is just my own analysis but the new administration anticipation is the flavor of the year.I'm still yet to be fully sold that we're healthy as a country and that 100% of what we're being told will happen-- I'm betting less than 50%.

The property is a new construction in a build to rent community.  

I bet it would hardly move the needle.

ThanksI bet that's a good short term rental market!

And new community is under construction and selling already literally in my backyard.

Even though we were disappointed that the rehab was not complete, we thought, the rental guarantee will offset the construction delay.

I do see a ton of 2 unit houses on Zillow, so would it be a good bet that these are landlords trying to unload their stock before student housing regs kick in?