Based on your post and other comments, it sounds like your rehab is extensive enough that the property isn't habitable.

Lenders can have different loan options based on the property type and the amount of rehab (if any) required for the project. 

Hi everyone,I am looking for feedback on the Residential Assisted Living Academy based out of Arizona. 

These loans are based on a property’s rental income rather than your personal income, making it easier to qualify as you expand your portfolio.Networking and Mentorship:You’re already off to a great start by reaching out here!

I'm a local, CT based investor, flipper, and property management company owner.  

I'm California-based where there aren't any real deals in my area, so I'm exploring Detroit as an alternative real estate investment market - due to the combination of it being a strong market and my having connections in the area. 

I'd underwrite the deal as any other - make sure you are conformable with the quality & tenant base. 

It is first reported based on when it's in service. 

I'm a new real estate investor based in Calgary looking to network

I think if we were running the 40 yard dash of cynicism and pessimism we would be neck and neck based on all our posts :)