@Luke Tetreault I am new myself and working currently to get to that point, but what I intend to do at your point is to JV on deals or offer PML for high turnover deals (EMD/ Double close).

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

The other areas you mentioned are too high for this particular need

And for sure I highly doubt those that teach the common wholesaling techinques are not up to speed with all these new laws in all the different states..

This is highly lender-specific; there are no universal guidelines for DSCR loans like there are for GSE/Govvy loans.

Even though the nightly rate is high, the RE has such high value that the margins are fairly tight.  

Based on your numbers, and assuming you have a credit score high enough and have never filed for BK, you shouldn't have an issue getting approved for an HML to buy/rehab the property that I would estimate at about $370k-$375k (which includes 100% of the rehab costs).

Feel free to shoot me some high level particulars and I can keep you anonymous. 

The new design takes the home from a 3 bed, 2 bath to a 4 bed, 3 bath, 2,400 sq ft rambler on a large lot in highly desired area.

But with 40 ft lots, that same space could accommodate 179 homes.By increasing density in this way, we can deliver homes that are more affordable, while still meeting the needs of families who want single-family homes with their own yards.Higher density doesn't have to come at the cost of quality or livability.Much respect and love what you're doing at BP.