One of the units does have a minor infestation of brown wood cockroaches, but since they haven't spread to the other units, I'm hopeful they won't be too difficult to exterminate.

Without a track record its difficult to secure capital commitments from those outside of your network.

Pure, true cashflow is difficult to find. 

At the same time, many of these “investor friendly” lenders operate like robots without the ability to adapt to the situations that arise in construction lending which makes the construction administration process far more difficult than necessary.

I would talk to a lender about it though because it could make getting future properties more difficult.

Also, i would say smaller funds can be economically more difficult with a high expense ratio under say 5-10M AUM (assets under management).

Some strategies you can look into are short-term rentals or becoming a real estate professional.It will be difficult to be a real estate professional if you work a full-time W-2.

I’m finding it difficult to find examples of people doing this. 

Without a cost segregation this could be difficult unless the roof has been replaced after the initial purchase.

It will be difficult finding a second position lender on a primary purchase (IF THEY EXIST AT ALL).