Are they coaching you on improvements or pricing adjustments that could be made?

As a builder we control the cost and we can adjust to our clients budgets when possible, or provide additional turn key services as blinds, rent units, pre-rent units or let their property manager start advertising even before closing to give our clients the ability to make money right away!

They are unprofitable, capital intensive and single purpose structures.

That's the job.Good news: once you gain more traction you can leverage a cold calling VA to help with the initial contact (the most time intensive part of the process), I run a call center for Real Estate so I know this can work.

You'll wind up paying for an appraisal, maybe 600 - 750, and then when it comes back the lender will tell you there's no deal, the ARV is too low or you paid 100k for it but the as-is came in only at 80k so that's the number they are willing to lend you on, in other words this deal just got 20K more capital intensive for you and maybe priced you out. 

This will help you determine if you're on the right track or need to make adjustments. 

The adjusted basis would be around $850,000, and selling for $1.2M would leave a $350,000 gain, which falls under the exclusion.

Most of these options will have either no PPP (especially for rehab loans) or adjustable PPP's so you can tailor the loan to your strategy.For long terms loans PML's and traditional can be quite competitive, but I'd say that the main advantage for traditional would come in long-term loans for commercial properties.

I track it every couple of days adjusting my prices up and down depending on the trending percent.

Insurance doesn't want to hand over money sometimes even when they are obligated to, that is why public insurance adjusters exist.