A $240k loan amount on a $249k purchase price seems crazy and I'd never expect to produce any net positive cash flow doing this.How are you calculating your property taxes?

it will be a corporate/wellness retreat/short term rental destinationI need land that is close to the Action, but not too close, and preferably comes with two single family doors already built, so I can take advantage of Fannie Mae owner occupied loan and develop the rest of the land on my own and with private funding.Is Columbus a good market for this strategy?

That would minimize and maybe eliminate the need for a loan for those properties.

These properties can provide cash flow and diversification while qualifying for favorable residential loans.

I got approved for a HELOAN on my primary property but not sure if I should take the loan to just use as “leverage/reserves” to show the HML and get funded.

Quote from @Dan Grove: Some combination of cash to seller, closing costs, repairs, construction, paying off arrears, assignment fees, commissions.   

The DSCR loan will have one.

I'm Francisco Centeno (REALTOR)So, cost segregation is basically deducting the depreciation of a property for years.Now, in the hypothetically situation...If both of you combines were earning $700k and you just bought a $2m property, and the cost segregation you got from a professional for the $2m property is $316k.

I initially got a variable loan.

Many banks securitize their loans (bundle them together) and sell the loans to Fannie Mae or Freddie Mac, while continuing to service the loans, that is collect your payment.