He holds the master lease to the property and it is his primary residence, with my permission he rents the second bedroom on AirBnb, all I had to do was sign a waiver for him to be able to obtain a STR permit.

Without positive reviews, you often have to reduce rent to obtain tenants.  

Recently obtained a nonresident Florida license as I reside in Georgia.

I think it will be lucky to obtain $120k rent this year

Did you find it difficult to obtain the HELOC?

When helping my clients with their tax returns and bookkeeping, especially when they have real estate properties, we usually obtain the land value directly from the county assessor’s website.

@Su Pak- thanks ...terms  seem high and cost seems  high for a DSCR loan .....are you not able to obtain conventional loan ?

It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain. 

I'm not sure what the steps are from here to obtain financing and would love any help.

Most “Gurus”, authors, advisors and experienced real estate investors preach obtaining seller “carry back” financing for property buyers in order to (1) obtain financing when they don’t qualify for a 3rd party loan (2) obtain financing when the property doesn’t qualify for financing and or (3) extend the “buying power” of their capital contribution (down payment) to purchase a larger more expensive property by having the seller provide a subordinated mortgage loan.That’s all and good, but why should the seller agree to finance the purchase of his property, instead of getting CASH for his equity?