I actually just did a live stream yesterday on my channel (youtube.com/@brady_morgan) that went over this exactly.

Beyond the actual dollars. 

@Dhruv Patel I believe you are getting ahead of yourself....Where in the US are you all-in (land acquisition, soft costs, hard construction) on new construction multi-family for $100/ft.

During this renovation period would you, as the lender, want an Actual Cash Value or Full Repair Cost policy in place?

Quote from @Steven Diaz: Hello,Was going to start construction on a two story 3bd 3.5ba 1500sqft primary home and a 2bd 2.5ba 800sqft ADU.  

Quote from @Deltrease Hart-Anderson: What are your thoughts on putting new construction in a B+/C- neighborhood?

Quote from @Sri Reddy: We are a team who are venturing in to constructing a multifamily unit from groundup.We don't have any prior experience in construction and are looking for financing loan options.

Hello @Hudson Filippi FHA does have a One Time Close construction loan that will allow you to build a home.

I have 2 empty lots that I want to build 2 rental properties on in Decatur, AL, but there is not a lot of new construction in the area.

During this renovation period would you, as the lender, want an Actual Cash Value or Replacement Cost policy in place?