Usually for first timers and low down buyers the underwriting is a little more simplistic than traditional buy/hold investors purely seeking yield. 

@Nathan M kiefer To mitigate taxes on a $400K W-2 bonus, maximize contributions to your 401(k) (up to $22,500 or $30,000 if 50+), HSA (up to $7,750 for families), and Traditional IRA if eligible.

There could also be increased ongoing costs for upgraded internet, cable TV, etc.2. 

Short-term rentals in tourist-heavy areas can also outperform traditional rentals.

Some traditional buy and hold RE investors have transitioned to flipping.  

.: Quote from @Erik Estrada: They are technically more expensive than a traditional 30 year fixed. 

For example, hotels or short-term rental properties like Airbnb often generate more income than traditional apartments, especially if the location supports it.Entitlements and Approvals: Check whether your project fits within the land’s current zoning (by-right uses) or if it will require variances or rezoning.

You may get a hard money lender to lend as well but you will probably have trouble getting traditional financing for acquisition or if you decide to hold on to the assets.

I am trying to decide whether or not I should go through a traditional bank (JPM), a morgage broker, or try and find a credit union.

Investing in a syndication or fund could be a good fit given your situation.I started investing in some fix and flips and some smaller residential properties from traditional BRRRs.