I only charge a tenant for a repair if it is CLEAR it was their action that caused the issue.... 

The negatives are that it really doesn't cash flow - granted, our criteria for cash flow is based on a commercial loan with a 15 year amortization, not a personal loan at 30 year amortization. 

The next steps we took:Found a couple of groups to network with (local and out of State)Found a group to play Kiyosaki's cash flow- learned through the game & created some relationshipsFound a few lenders (Hard Money,Private and Banking) I only used the bank for my first multifamily that I lived in.

Hey RobertYou've got a lot going on.Here are the issues I see you may encounter.If you encumber yourself with additional debt meaning the two DSCR loans, you will negatively affect your debt ratio for the permanent part of the construction to perm loan you are in the middle of. 

Not having utilities to the site is a huge negative for a bunch of reasons.   

I am personally not going to be interested in any short term rental where I only profit $500/mo.  

I only ask because if you don't and have a loan on it or are intending on getting a loan on it (BRRRR method) in the future it is easier to get a loan if it's in your name and you can get more $$$ if it's in your name. 2) If there is a loan on it most lenders will give you a hard time getting it into the name of an LLC (We are in PA and tried to do the same and had a hard time changing it into our LLC then only to find out the banks did not want to lend on it cause it was in LLC and when when we found one that did they only wanted to give us 60% of ARV so we had to change it back to our name and get the 80% on it.

I don't believe we want to look at a cash out refi as we do not want to increase monthly payments on the home, effectively negating our rental income.

But I only ask to know if such a thing exists 

If you have already gotten approved, you can still get approved for another program with another lender that has a zero down conventional loan without it affect your credit negatively so long as you are getting another hard pull within 45 days of the last hard pull for a mortgage.