That will not get you to 100k as at best you could go DSCR and get 80% (if numbers even work).Regarding property not complete, if you have paid cash to date, your best bet would be to get a hard money loan for $100k to complete the renovations and pay off some debt and then refinance once its completed.

Location wise this is in a fantastic intersection in one of the affluent suburbs in the country (Metro Atlanta), hence, assuming finding a new tenant is not that hard...but I could be wrong..

If it's so hard, why bother at all? 

FHA does not allow you to do things outside of the home like adding a fence, hard scaping, retaining walls...   

You're trying hard to get that 3rd night even.

It's hard enough to find food management much less good builders from a distance.I've heard good things about Columbus, but I'm just getting my feet wet and gaining some familiarity with Cleveland market.

An FHA 203(k) loan is definitely one route, but there are other ways to make it happen that might even work better depending on your situation:1.Private or Hard Money Loans: These could be a good option if you want flexibility.

Cash and Hard money How did you add value to the deal?

That’s how I’ve grown my portfolio of SFR without using hardly any of my own money.

To me as OOS investor, it's been hard to find properties that cash flow well