If someone offered to finance this house to you at your current rates if you put down $250k would you do it?

I know it's a long shot, but I'm currently having lawyers review the signed subscription documents to see if there's any way to minimize the losses here. 

If it's currently an STR they should be able to provide you with the p/l statement from prior years so you can see gross rents, operating expenses, average daily rates and occupancy levels.

Quote from @Patrick McCann: Hi Justin, I'm also a househacker in NH currently living in my duplex in Dover, NH with plans to search for my next one in the near future.

Your plan can be something rough like: I own a piece of vacant land at (address), and I'm looking to rezone it from (current designation) to (new designation) in order to build a new construction duplex which will consist of  2 condos for sale, or 2 aparment rentals, eg.

As a resident (who travels a lot) I would say the Midwest does not have the attractions like palm trees & beaches (the great lakes are cold) or amazing mountain ranges, which often come with some disadvantages like high cost of living or hut/humid weather, stroms etc. 

@Jay HinrichsI currently develop in NC.

Depends on the brokerage you have, but the one we use currently has a rate at 5.83% at 50% LTV.

@Sathya Priya Sampathkumar I’m currently renovating 2 units that are 35 minutes away from me.

I am currently renovating it and we plan to when i am done to transfer the property to my buisness name. what would be the best route to go.