If you're financing your own projects you may find it a little more economically feasible, but I would still try and keep your focus on the Atlanta market.

It will also likely allow for higher valuations, as 2 family homes are more valuable $/ft2 basis than 4 unit buildings.Once you determine what is feasible, you would have to look to see if your area can support the costs of new construction.  

How feasible or smart would it be to keep lending after this deal while buying rentals?

This is the most feasible but worst option for several reasons.3. 

Most folks call for additional information, or out of curiosity.Utilize an answering service, such as COA Network, if it is feasible.

. - to prospective borrowers (please disclose if there is a better way of structuring this).1- We have been told that 10.75% APR and 2.5 points is a competitive rate - in the current market, would it be feasible to exceed those returns at 60% LTV/6-18 months maturity?

Selling retail is a whole different beast, and may not even be feasible for many wholesalers.

We also have a few folks (myself included) that are experimenting with the mid-term, fully furnished rentals in the districts within Duluth where STRs are not feasible.

I'd like to take out a billboard across the street shouting this fact, but that's probably not feasible. lol So I suppose I'm back to the beginning.

With this being a HUD property, inspections can be difficult at best and not feasible in some cases-Check the PCR and the property listing disclosure to see if the utilities are even allowed to be turned on.