I’m not familiar with the area but after doing my research, it’s looking like it’d be a great area to invest in for cash flow.

This kind of doesn't make much sense since something under construction is not going to have cash flow - I'd check out hard money or "ground up construction" private lenders

Fairly speaking, the price, location, other metrics look amazing, even the potential cash flow per month.

I would suggest exploring a cash out fixed rate HELOC or fixed second.

I'm not sure where people are "cash flowing and getting the 1% rule" in the Midwest at 7% rates.

Typical deal I see will probably need 30-40% down to break even or cash flow. 

This means I cash flow $462.

Purchase price: $352,000 Cash invested: $70,000 This is my second ever new construction development!

This as well - what do you mean on "obviously can't DSCR it" - to the contrary, DSCR Loans have become the main option for BRRRR Refinances ever since the GSEs upped the seasoning requirements for cash-out refis last April

It has a strong potential for cash flow.