Quote from @Frank Pyle: Obstacle is getting a 1007 with realistic long term rents. 

Once I've completed these initial projects and built up some capital, my long-term goal is to transition into buy-and-hold investments in potentially more affordable markets to maximize cash flow and scale up.Right now, I'm particularly interested in investing locally here in the Seattle metro area.

NOGuidance line Terms as least for us in the 2000s were I had 6 different bank guidance  lines.1. advance 80% of loan we needed 20% of our own cash.2. one year term  1 point at each renewal.3.

While I understand market trends, negotiations, and deal structuring, I know that becoming a successful investor requires a different mindset and skill set.I’m here to learn from those who have been in the trenches—whether it’s flipping, BRRRR, multifamily, or long-term rentals.

You're going to have other trade offs like higher interest rates, shorter loan terms (like 3 or 5 years) and maybe more lending fees. 

Find someone who manages long-term rentals in that area.

Balloon terms 3/5/7 years. 

I’ll be developing more and more and as such looking for a long term collaboration.

Detailed recordkeeping is crucial to avoid pitfalls.

DSCR loans can be helpful for the rentals you have depending on the details.