Business Plan - building new primary residence to rent out current home

[Laura Mrazik]

Hi there - my husband and I are preparing to build our new house (on land we already own).  He is a contractor and will be doing all the labor.  Our plan is to rent out our current home, which we own, once we move into our new house.  We'd like to seek a construction loan to complete the build of our new home - does anyone know if a typical real estate rental business plan would be sufficient to show potential income increase?  We're starting  to build with cash, so we have some time, yet would like to get prepared now.   I appreciate any insight from those who have done this!

Best,
Laura