I'm new to Bigger Pockets - Does anyone have experience investing in Qualified Opportunity Zones? 

It certainly sounds like you are taking the necessary steps to mitigate your losses. 

@Greg SeivertMost lenders that work with real estate investors understand that you may show a paper loss and they won't hold it against you.

I came across Bigger Pockets a few months ago and have been learning on my own by listening to podcasts (RE Rookie, On the Market, BP RE Podcast) and reading the various recommended books every chance I get.

That's why the cash flow is low on that one, because it has a bigger mortgage.For the most part I consider Taylor to be B class.

Without knowing more, just based on what you said, you are in WAY over your head and will keep digging a bigger hole doing what you are doing.

I only say this because the question Bigger Pockets ask above is "did you work with any real estate professionals or lenders?"

I've reached out to lenders here on Bigger Pockets- but their rates & terms seem high (DSCR or just not good terms)- I qualify for a conventional loan, but my DTI is almost maxed so why pay an extra 2-3% DSCR when I don't have too. 

I recorded a podcast last week with Dave Meyers and Henry Washington of Bigger Pockets.

Walking the property before closing is definitely worth the cost to avoid bigger headaches later, especially with flipped homes where the quality of renovations can vary.