There's a lot of lenders that will make you feel stupid or won't explain to you in simple terms.

You could also look at selling the "paper lots" in advance of building out the infrastructure, but that depends on your financial ability to take this from dirt to finished product, and ultimately for holding long-term if that's the goal.

Goodmorning Johana,Best bet is we refinance the note and see what kind of terms we can get going on this.Typically can close fairly quickly here in texas using hard money notes.

Over the long term, RE has produced great returns.  

Doesn't work that way in terms of being more expensive.

One of the good things about DSCR Lenders is that the guidelines and programs are different and not cookie-cutter 100% equivalent like conventional lenders that all must mirror the GSEs, etc.Most DSCR Lenders will have similar rates and terms and generally similar processes - so generally what will make the "best" one is the best one for your needs - I would focus on any specialties or niches - like short term rentals, if you do multifamily or mixed use, BRRRR Method or focus in on a specific market - find someone who specializes and has a good track record in that niche or area

I purchased the property in 2017, I have completely renovated the one bedroom side, which is currently a furnished long-term rental.

That's where your lease terms come into play. 

for example a 4 bedroom 2 bath could work great as a rent-by-room, but would be much tougher to fill as a mid-term rental. 

I think a good amount of STR and MTR investors are pivoting to long term rentals thus increasing the number of available units adding downward pressure on rent prices.