Sounds like you should be shopping for a HELOC that you can tap for investment money.

Shop around for multiple inspectors but here in the Reno, NV area they all charge about the same.

I would be wary of buying a home in a residential neighborhood in ABQ with the goal of having a STR: Only CA rivals NM in terms of economic governmental tampering.

While it may seem challenging to find a balance between economic growth and affordability, start by researching neighborhoods with potential for cash flow.

Look at properties up for rent in the neighborhood that are advertising for the rent you are looking to achieve.

Its specific to the property and neighborhood.

If you're pulling rents from a service like Rentometer, they're historically very inaccurate.In my experience, the best rents come from going onto Zillow, looking within the same neighborhood/subdivision (usually within 0.25mi of the subject property), and filtering specifically for properties that have rented in the last 3mo (with similar sqft).

You should be able to shop local lenders and credit unions and get a much lower amount of cash out of pocket while still achieving your goal of 75% or even 80% LTV on a commercial note.

Additionally, we like to look at rent trends over the past 5 years, average leasing times, % of homeowners to tenants for the market as a whole and specific neighborhoods, tax structure for both properties and income and affordability. 

In my area section 8 tenants tend to stay longer and in many neighborhoods section 8 pays a higher rent.