With broad, high-level criteria, you may be able to easily cross of a number of neighborhoods where the numbers simply do not make sense (assuming you already have your buy box nailed down).

My point is that the extra cash flow is easily spent on improving the properties and thereby increasing the value. 

I can easily get us personally another “vetted” 20mm.  

I feel like they play by more subtle or more aggressive rules that I don't understand quite as easily as simpler markets like Denver and even places like San Francisco.

In my Chart of Accounts we list each account separately and then each one is easily listed on my P&L.

You could easily get 75-80% LTC on the cabin build meaning you'd need about $200,000-$250,000 CASH, to complete the project.Take 200k out of the FL house, build, rent, refi & payoff the FL property again would be my best bet about going about it.

A lot of issues are much easier and more inexpensive to resolve if you can easily go to the property.

Every penny raised for litigation support further dilutes any redemption chances for the original investors IF you have a PACER account all of these cases are in federal courts so you can easily see the status of what is going on as there are multiple suits filed in multiple jurisdictions. 

I could very easily rent the property again but my plan was to sell it and use that cash for the next investment.  

You will need to factor in rehab costs, which could easily eat up another $50-75k depending on the condition.