Aside from the increased rental value, properties that are on water, or have a view of the water, are going to appreciate in value at a higher rate than the others.

Quote from @Michael K Gallagher: Quote from @A Rao: I invest in land and have done entitlement/zoning and other DD work successfully for years.A broker called me this morning on a property I have on a busy interesection and has a QSR client who likes the location, but does not want to do a ground lease, only a build to suit. 

As others have mentioned, DSCR loans are generally for turnkey rentals (although outdated rentals may still qualify depending on the level of deferred maintenance). 

Quote from @Mary Holland: I'd love to hear about your experiences and how they compare to other types of commercial real estate financing.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

When you have all the properties identical to each other, how do you compete?

If so, they can sell within 2 years and not pay capital gains taxes on the sell of the home.They could take that money and buy multiple rental homes in other areas if they wanted, or use the money to downsize in to a different home while still having money left over.

Are there any other events that could occur which according to a lender would constitute the start of the seasoning period?

Can they sell to others? 

No advice as I think my savings account earns maybe 1%, so I'd also love to hear from others.