I would highly recommend working with a broker that really understands the nuances of this style of loan as each lender has different credit requirements, leverages, and ownership requirements. 

Some other commentators have given some solid recommendations - adding in links to a couple of BP published articles on the topics that might help!

Abdullah, You have been given some solid advice already, but I thought I would add my input.

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I'd recommend not trying to find land buyers and work on building relationships with developers and understanding their buy box in your market. most markets have 20 developers or less if you are in a Tier 2 city which I'm guessing you are. no market in Denver is tier 1 

Go DSCR and up the LTV to 80% if it will debt service if not keep it at 75%.Second option is get a portfolio loan you are buying more then 3 properties.DM with any questions if you want to understand blanket portfolio loans. 

I’m trying to learn as much as I can and be as hands on as possible to understand everything more clearly. 

The drafter will tell you what the expected timeline for design will be, timing for permits with city, what the lot and zoning allow you to do… etc The contractor : has to be someone that knows how to do the work (experience), is not too expensive so that the investment makes sense at the end, but is also not unrealistically cheap, to the point that they won't finish the project or they will simply run off with your money… Assuming you have an honest and experienced well priced contractor, then they will give you an understanding of costs for the entire project (a ball park bc you won't know 100% until you get RTI permits from the city (approval)). 

Im new to investing and are looking to understand what the type of loans are available to buy rental property (single, multi family home etc). 

It is to my understanding that Nevada offers reciprocity on a Texas real estate license.