Based on your numbers, and assuming you have a credit score high enough and have never filed for BK, you shouldn't have an issue getting approved for an HML to buy/rehab the property that I would estimate at about $370k-$375k (which includes 100% of the rehab costs).

Most of our water pipes are in the ceiling here and when one breaks it ruins the floor, plus we have had some flooding and other issues in FL.

Additionally, we addressed plumbing and electrical issues to make the property fully rental-compliant.

I'm wondering if that might be less of an issue for something more rustic and temporarily occupied like camping/RV.Any one have any thoughts, parallel experiences, or other basis for insight? 

I have two properties where I ran into this issue.

Bob - I have five occupied padsplits under contract right now with Fernando Corona and have closed several with him this year.Normal DSCR brokers have issues getting this through underwriting - it's important to work with a broker / lender that fully understands how to get these to CTC.I'll PM you

But I am running into issues on the cash out refi side.

Are they good communicators?

If you are new to the business the most common issue is you're either locking up deals too high or you aren't finding attractive deals.

Hi @Mindy JensenI had the same issue as  @Deborah Burian.