When I see paragraphs, I do not even read it.

I would suggest getting someone very familiar with the area and not think its a good deal just because its a brand new build. this is why I suggest Build to rent buyers around the country look at least at multiple unit dwellings. the majority of investors are buying single family homes where the rents don't even meet the 1% rule. we build infill triplexes in columbus that meet these ratios and are well locate in the urban core. you have to find an operator that does what you want. sorry to hear about your issues Chris 

Even with the ban on new short term rentals, long term rentals are yielding incredible cap rates.

Those are even-sized units so equal on rents in theory.

You will need 20% or even 25% down plus all loan and closing costs to make the loan happen.

And even that isn't a given.

My first question is why can’t they qualify for a better loan now, such as DSCR or even a HELOC?

Yes if going for programs that look at debt to income ratio even if balance is 0 on an open line they'll consider the full potential payment of the line

Something that could take 10 years just to break even compared to selling.

@Nathan Gesner I agree, because my rental is a business and I shouldn't waver away from the screening process even if its just a trusted contractor, but funding is what we need and I heard the SBA is a good source but is slow, thanks for responding.