They told me it typically takes 60-90 days to close. 

Question #1: probably worth it.Question #2: Definitely yes. 

The property is worth 2.5 million, and the nightly rate is the same as my STR in Galveston, Texas.

Is it worth the few hundred or thousand bucks a month it would generate?

If this property were to make $225k without the additions based on its size and location, would it be worth it given the capital cost?

In some cases, the juice isn't worth the squeeze; this sounds like it might fall in that category. 

Today it’s worth $285,000.

DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.

Would just like to reach out to the community for any advice or tips on getting funding to help with the project.I know typical banks will not lend for spec builds.I have completed other small Developements ( duplexes, triplex etc)I have about 20% to put into the project and the market is very strong. 

Seeking to grow net worth and cash flow in the next 6 years.