We have had brief discussion regarding general Q&A information, and proceeded to provide an ARV price range that would be very attractive to me. 

You can close in an LLC and don't need to provide employment history, income or tax returns, and DTI isn't a factor.

However, properties ranging from $100k to $50M or more have benefited from cost segregation.

Location and amenities are the two most important factors that bring potential renters to an STR. 

As a resident (who travels a lot) I would say the Midwest does not have the attractions like palm trees & beaches (the great lakes are cold) or amazing mountain ranges, which often come with some disadvantages like high cost of living or hut/humid weather, stroms etc. 

What is your price range and what do you consider to be a "medium" rehab project, rehab costs = to 25%-50% of the purchase price?

One of the biggest factors at play right now is data transparency among lenders, we can see a lot of the industry-wide trends.

Factors that affect hourly rate Job complexity: More complex jobs may cost more.Handyman's experience: Less experienced handymen may charge less.Region: Some regions have higher labor rates.Minimum charge: Some handymen may charge a minimum fee for small jobs.Mileage: Some handymen may charge a mileage fee for jobs outside their service area.What to expect to payA handyman may charge between $35 and $80 per hour.

Most (not all) HELOCs require that the property is titled to an individual (not LLC) and are full doc, meaning your employment history, income, DTI etc will be factors.

What price range are you targeting and I take it you're OK with at least medium rehab (>=25% of the PP)?