This is why I use a loan broker...I want his experience with who can do what they say and who is a delay. 

I got better terms than I could get with a bank.

Except that you will be required to get a loan for $200k or put another $200k from your pocket in to the deal.

My wheelehouse is long term management of investment properties, but I do have a good relationship with a loca Chattanooga broker who helps investors in the area.

As far as credit, you would want a score above 680 ideally to get the highest loan to value on a cash out refinance, but I would aim higher at 720+ as that comes with a significant rate drop.

I am interested in buying a long-term turnkey property in a nice area (I live in San Diego so this property would have to be out of state).

Be mindful of short-term capital gains tax, as profits from flips held for less than a year are taxed as ordinary income, and frequent flipping may result in self-employment taxes.While profits from flips do not qualify for 1031 exchanges (since flips are considered inventory, not investment properties), you can minimize your tax burden by deducting allowable expenses like renovation costs, loan interest, and holding expenses.If you're considering diversifying into rentals, explore opportunities to benefit from long-term tax advantages such as depreciation and lower long-term capital gains rates.

Long term, short-term, etc?

I provide short term rental furnishing and renovation finish list that includes paint colors, light fixtures, cabinets etc.

We do long-term rentals and practice BRRRR on every deal.