The income amounts look to be long-term rental (which they are and came in 30% lower than what the STR average did) and 2. why did the appraiser look at homes 20 miles away to compare to when there are PLENTY of rentals in town...

Overpromising and under-delivering in terms of expectations at times.

What are your loan terms?

LoL So really trying to learn what I can, gain some capital, and see what my options could be for the year.I'd like turnkey and long term renters in place, as that seems like a good way to get started as a rookie. 

Shorter term deals though, they will hold 2 to 3 years, sometimes less.

In terms of the areas, you will be best served driving it.

A lot of rehab lenders will account previous reno expereince when it comes to terms.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

You set your own payment terms with YOUR client and then find funding for them.The Capital Syndicate is a private lender firm that offers financing through their own company, but they also provide you with a list of about 150 other private lenders. 

Heloc’s are best utilized with a short term strategy, ie flx and flip, to BRRRR, etc.