I agree with the comments here, 1 year is fine for bank statements, you essentially just want to see cash actually hitting accounts.

An architect adds an expense to the job but as I have learned is essential to getting the finished product you are expecting.

Essentially still making the Brrrr method work with this type of loan? 

You can also check out The Real Estate Guys and The Best Ever Real Estate Show for additional perspectives and insights.Regarding your university studies, a business or real estate minor could definitely help, but it’s not essential.

Imaging if you close on a deal with low cash-flow today at a 6.5% interest rate and then refinance at 5% in 5 years after paying down some principle.

This is why I emphasize education of real estate principles, law and finance are essential for the real estate investor.  

Here's a potential path forward for you:Get Detailed Bids: First, it’s essential to get more accurate bids from licensed contractors for the remaining work, not just a range.

Essentially, this follows the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method, but with the twist of continually developing more homes on the same piece of land.Do you think this strategy makes sense?

Until you exercise that option, you are essentially just a renter.

So essentially as an OOS investor I'm stuck as far as registering goes at the moment.