Our 1st REO 10Property Rental Bundle opportunity needs your input

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Ok BP, so here comes my first attempt at an 'ask and you shall receive knowledge' from those who are apart of this 'all for one and one for all' lets do this life with real estate investing! :) Since my first post and the Thanksgiving holiday, we have had an intriguing opportunity present itself. Please keep in mind the type of area we live in after I put the numbers out here. Very, very isolated, rural, small town, farming community with low/nil violence where everyone knows everyone. In our tiny town, most individuals/families that happen to be looking at the market are wanting (or only able) to rent, as opposed to purchasing a home. 

That being said, it was brought to our attention that a previous landlord in town has just been foreclosed on and the bulk of his properties are available for purchase. After viewing the properties, it is not hard to see why he could not keep them occupied and was foreclosed on (the word slumlord comes to mind). Yikes! But oh goodness, what a spectacular opportunity for a construction company moving towards flips and buy/holds in a town that is suited more for rentals than flips, or so we are hoping! We would be able to completely renovate these houses within 3-4 mo. ourselves with the materials we already have in stock. Problem....financing for someone looking at properties in a uber rural area that, simply by comparison, have a lower ARV than the rest of the world. I checked with my local banks and (of course) they have no real estate products to offer, not much surprise there (gotta love country living). I contacted multiple 'hard money' loan companies whose contact information I found on this site. After contacting multiple departments (one long term for landlord investors and one for fix and flips), the construction side said they can't even consider lending in our rural area and the long term rental side said they could only loan on 5 properties max, unless I have a property management license (there is not even an attorney office/real estate office in this area that offers that service). It is safe to say, we live in a rather slow-paced part of the world. Haha! That being said, we enjoy the relaxed, family oriented community; and people still need places to live and people to provide nice rental/purchase options, right?!

I have put together numbers for the package as a whole (not sure if that was a mistake or not), the link is https://www.biggerpockets.com/calculators/shared/4.... I would appreciate very much if anyone has time to review them and offer any feedback. I read on a forum earlier today that investing in properties that are priced at 10% of their value can be a mistake, if in the wrong location. I hope this package does not fall in that scope and I am being too blinded by our 'contracting goggles' to see it. I would love the opportunity to use a construction short term loan on these properties that would give us time to use Brandon's BRRR strategy (as well as increase our portfolio, net worth, equity and passive cash flow) in our little neck of the woods while giving us the freedom to start investing out into more advanced areas; but where would I find that type of finance product??

Thank you in advance for your time. Sorry for the novel, as well as for my possible ignorance, if these numbers are a waste of time!

LaTrina