I do have a Commercial Fix and Flip Program that will provide cash for the acquisition and to Rehab the property.Once it's stabilize we can secure Permanent Financing and take out the bridge loan.Multifamily has, by far, the most interest in CRE Financing world, if it's a good enough deal we can get you the financing but I refuse to make bogus promises about what is and is not possible.If you DO NOT have the cash to put down on the property there a few creative financing avenues which may be possible if you have a motivated seller that is willing to work with you on terms.The 68% occupied property would be most fit for creative financing because there is clearly something going on there with the current owner.You can look at a master lease with an option to buy or doing a wrap combined with a seller second... the only thing is that the seller is highly unlikely to accept those scenarios.Now... there is one "highly unlikely to happen" scenario where you could technically get 100% financing but, again, the seller would have to be out of his mind to say yes.It entails a Hard Money FIRST MORTGAGE of less than 50% of the "Quick Sale" value as determine by a BPO... this would serve as your down payment.

Would also be interested in any suggestions for markets/neighborhoods that would be a good fit.

I found one that is a great fit, thank goodness! 

Those are my smallest units but fit your rent range to get an idea.

My question is if I'm not a real estate professional, but own an STR that fits inside the STR loophole. 

There are so many out there and many of them will not be a good fit.

Typically a HELOC is a better fit for a flip/BRRRR type of scenario so you can pay the HELOC off/down much more quickly.I have used our HELOC in both scenarios.

I know it's hard finding the right fit.

Depending on your budget and goals, the suburbs or more central Houston my be good fits for your investing.

I have called a few local cleaning services but their a bit pricey and they mentioned finding someone independent may be a better fit.