But I have a client with the same type of building and has a non-conforming basement that he uses as an Airbnb and hasn't had any issues with it. 

Tax-Exempt Bonds: Tribes can issue tax-exempt bonds for certain types of developments, reducing financing costs.Challenges: Projects often need to be structured as joint ventures or leases with the tribe, and compliance with tribal laws and federal rules is critical.

I'd say start the process of securing your HELOC if you havn't done so and spend time analyzing deals and determining what type of investor you are looking to be. 

Are there any resources that help explain what type of terms we should ask for?

I didn't know there was a different type of insurance that I needed.I had bought the home with a standard mortgage and standard insurance and then I decided later that I would flip it. 

But you are exactly the type of person a loan officer would of sold a 2.99% to.

It would be hard to cash flow on a 600k house that has 3600 in rent regardless of the broader economic situation going on in society. i find that when someone says BRRR doesn't work anymore they end up meaning it doesn't work well for the specific types of real estate that they want to buy.

I am 19 yr old and am currently trying to find my first rental property and I am very eager to get started. I have to choose between a much cheaper market that I live in that is much easier to cash flow, but finding g...

Now I think expecting that type of rent growth to continue is foolish as the market went through some crazy times over the past 4 years that isn't likely to continue but I do hope to continue to get some growth over time.

What type of loan are you speaking of (that I might pursue with a unicorn local bank)?