I have excellent credit and good paying job approval will not be a problem. 

Here's the problem: They are not a sustainable asset for most to own; they are difficult and costly assets to exit through a sale; if you achieve favorable refinances, you may be able to use those funds to buy other (hopefully better assets) but are now faced with operating highly leveraged bad assets. 

Take stock of your current credit score and accounts.

If you have some capital, income, and decent credit, buy a 4-5 bedroom house and rent bedrooms. 

So I wouldn't be concerned about buying quite soon, as things are moving in a good direction...and all the more now that they've assembled a committee that reportedly includes some people who are both more experience with and favorable towards STR.

Most banks won't want to come in with a line of credit that is second lien on the property.

Besides that, I have a credit repair and funding company that helps entrepreneurs get their businesses going.

To answer your questions here though:Alternative options - I was going to sell all my stocks and etfs, take out a HELOC, and some credit cards to try to shoestring together enough to the deal without a hard money loan. 

You can look into switching to a local credit union or portfolio lender, as they tend to be more flexible with regional policies.

If you fail, you can raise capital for my projects and will give you another Co-GP title. .......Or you can organically grow your real estate portfolio and credit worthiness &  keep the $30K.