If that's the case, you'll want to start with a fix and flip (or hold) type of loan, complete your renovations, get it rented out and THEN refinance into a DSCR loan for a long term hold. 

I have also utilized owner financing for longer periods of time, including personal residence and 2 barrier island houses on the coast of Florida.  

I'm originally from the area and have been starting to look at some properties there as I am living in New Jersey.

And after several years you start doing cash out refinances.....If you can refinance one property every 1-2 years and withdraw $200k of equity....that's not taxable. 

I always recommend speaking with a lender or two before you start deal hunting.

Need more information surrounding why your current lender is suggesting they cannot utilize the rental income on your investment property.

Another lesson is to research companies online and in forums like this before you do business with them and if you decide to do business with someone, dip your toe in the water slowly and continue to research the company after you start working with them, because things can change quickly.I have some questions:1. 

Then you can start to figure out the best course of action.

As a newbie , I would start shopping for a property manager who can list and manage the rental.

Not sure where to start All questions and answers will help thank you.