based on the facts not sure you have much recourse except to sell and move on.. 

The STR deal could be the best option if I understand your situation correctly, except I would probably do this as a cash-out refi and just use the combination of booking history + AirDNA projected income to qualify (if not operated as a STR for a year).

Having a reliable team of subcontractors that you trust to deliver high-quality work within your timeline is vital when you begin your building projects.If construction is a new area for you, I highly recommend finding a mentor in your region.

Each piece has a vital role to play.

If the Bay Area is out of reach with high prices, I suggested Sacramento or Central Valley - I don't know much about the Central Valley except my local agent recommended Turlock and another agent said Fresno.

I am from West Virginia and I know a lot the state has economic issues except for a few pockets including Morgantown, WV.I am looking to invest in Morgantown, WV.

I largely agree with this and would say it's usually true but there are exceptions when it makes sense to do a spot repair.

You have enough money to furnish a property *fully*, and (this is vital) you have enough money to hold in reserves if/when things don't go perfectly, but you don't have enough to put down a 20-25% down payment to own.

@Cory Vitale @Max Emory Thank you both for your detailed replies and all the great advice! 

No - "DSCR Loans" are for residential investment properties only (with only a very minor exception for small mixed use properties that are majority residential in nature in every way)