This is why both presidential candidates are talking about the need to reform housing regulations on the campaign trail.Construction Innovation: A Call to ActionIt seems that innovation in the construction technology space, and thus labor productivity, is an area for significant improvement.

I am looking to leverage a non-QM loan product for my 4th purchase and I want to use a bank statement loan and I would prefer for the LTV to be about 90% (I heard such products are out there).

You could buy a house with siding made of corn cobs if you'd like and they'd finance that (assuming the corn cob siding passed code).The issue is that true log cabins tend to significantly limit buyer pools because they are a bit of a niche product so lenders don't want to finance them at all due to the added risk for resale. 

It may take some searching to find one but inspectors who are associated with companies that build them or pump them will try to sell you their products.

Thanks again.No, this is not my asset class - I prefer a higher quality product, in turn I can capture a higher quality resident/tenant - mitigate turnover and increase ROI :)

However, beachside is pretty much a ghost town of what it used to be in the 80's and 90's and the tenant pool is less than desirable.With regards to the recommendation to look in Brevard County, I would also echo that as a solid market to get into.

Put out a good product.

Relying on parking companies to manage and improve your "product" is paramount.  

Am I SOL or has anyone find a loophole or different product that will allow for this type of scenario?

Hardwoods can be sanded down and sealed with commercial products that will kill the smell.