@Michael LabudzkiI can connect you with a commercial lender to discuss financing if that would be helpful. 

, and lease history to name a few.Don't be lulled into complacency by seller financing either.

But if you can finance a home in an appreciating area make it breakeven and at some point (as always) either rents/nightly rates will increase, interest rates will go down, or both. 

The have interviews, tips, and tricks to getting started.

@Lauren Ruppert  Cash out refi only in the husbands name which will take the ex wife off the financing/title and use the cash out proceeds to pay out what is owned to the ex wife.

Freddie Mac only offers financing for single properties they do not offer 'Portfolio loans" meaning bundle them all into one loan.

That’s all very helpful and thank you for the tips. 

Financing $240k at 7% will be about $1600 a month in principal and interest.

And even tougher to get it financed.. from what I can see the only folks that build new are subsidized housing in some manner or  big tax credit plays something other than normal economics.

I’m currently working on a deal in Fort Lauderdale & actively looking for financing solutions like hard money or private lending.