Your decision should be based on where do you want to be in 5 years 10 years etc.

Not in Texas.QuonticRed Canoe Credit Union, WA ORRegionsRiver Bank & Trust, ALRivermark Credit Union, OR 90% LTVSCCU Florida 80% LTV, 2.75% first year promo, not LLCSECU NC 65% LTV rate 2.75% Oct 2021Signature Federal Credit Union 75% LTV (100% on primary residence), VASilvergate Bank, CASound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv."

Essentially everything is the same as any other loan except there is language in the promissory note that spells out how the lender will get paid based on the performance of the property and or project.

We aim to hit line drive base hits over and over with our approach.

I'm a huge fan of audio books too and it sounds like you've consumed many!

Investing in a market with a strong and growing economic base can help reduce the chances of depreciation. 

And don't pay them based on percentage work done.  

DSCR (Debt service coverage ratio) loans don't consider DTI, they are based on the property's ability to cash flow.

I am an experienced real estate agent/investor based out of Columbus, OH, but spend part of my time at a family house in Ellicottville, NY.

Unless this is an opportunity where you are going to come out with a robust knowledge base and the investor will be a complete open bookd i don't see why you would do this.