Also stay away from Cuyahoga and Cook counties, as the magistrates there highly favor borrowers and can really drag out the foreclosure process and rack up the legal fees. 

It's important to find a lender that will be favorable during the refinance part of the deal.

Fund your first deal or two yourself, get some experience, build a portfolio of successful projects, and then lenders will be more willing to lend to you.If you can't put up the funds, I would recommend either getting a decent down-payment (20-40%) from friends or family, or finding another investor to partner with on the deal (he puts up cash, you put up equity), or worst case, wholesale the deal.

@Marco Campos cashflow is great but look at the metrics such as return on equity.

This would be my first "Rental", I have 3 homes that I have sold under contract but I cannot get any deals to work in my favor when it comes to a standard rental. 

You would have to speak with an attorney to see if it would be possible to structure the loan with equity participation, but it must be loan to avoid UBIT.

You should also pull dead equity out of your remaining properties to increase ROI and reinvest it as well.  

Let's assume in 2020, when you're looking to sell, the house is worth $550k, but you only paid $250k and only have $100k left on the loan -  that's $300k of gain and $450k in equity.

After doing some research,  the land is wetlands and generally undevelopable, but will this yield me any equity as my land amount has doubled since the appraisal ? 

The value in having someone book directly through you is that you can actually manipulate the price in your favor and the guests favor.