Also I've heard of some DSCR loans that are not too far off from conventional rates.  

The SST doesn't apply for legal 2-flats so if you want to use FHA it's probably better to target those that maybe also have a non-conforming basement or attic unit.This is why the 5% down conventional loan is a game changer for house hackers.

Conventional (only Freddie Mac See Section 5102.4 of Freddie Selling guide).

We think we can break even with a conventional sale but have no idea.

It is a fairly signinificant set up fee and monthly charge. 

The lender does charge the flipper 4 points upfront, and the note represents 55% of the property’s ARV, so I’m not too worried about needing to foreclose if it comes to that.The lender uses his own capital for initial funding and then sells off the notes after that.

Quote from @Nick Am: @Brett SynickyAnswers and thoughts below in Bold--> I am trying to setup a management company (LLC-B) and charge LLC-A management fees.

Back when I was in finance, we had a broker who was charging a family 2% for management fees on their cash that was only making 0.3% at the time.

The northland MAREI meeting and the main monthly meeting at MAREI have a minimal fee, or for $99 a year you can attend all of them for no extra charge - northland is in person, the main meeting is still online, both are great ways to connect and learn. 

I'm having to offer this as a fully furnished house to be able to charge a premium on rent just to get close to the mortgage.