If you aren't going to be living in CR full time as you try to execute the deal I do not think it is physically possible for you to obtain a loan from Scotia Bank and not worth your time to try because the rates are so high. 

Other advice, especially that pertaining to tax benefits, is also highly appreciated!

They have a good selection of quality rugs for reasonable prices.

Specifically, Texas has some of the highest insurance and property taxes in the nation, but the appreciation makes up for those high costs in the long run.

I highly suggest connecting with fellow investors in the area to see who they are using for their properties.

We purchased July 23, it’s a remorseful purchase in terms of quality (new build, got a 5% interest rate). 100% NOT our forever home. 

I know your involved at a high level with Board of Realtors and state regulators .. 

There isnt any one magic "cheapest" loan - it will be highly specific to the deal.

I have not done stats but there is a high failure rate for people who are walking the property every day.

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