We are a Direct Lender and process, underwrite, approve, close, and fund diverse DSCR programs.Specialist in Foreign National DSCR.

are you looking for them to bring funds or just labor ? 

Or will the HD lender provide additional funds for construction?

Rates: 9% to 13% (Most Deals are 11-12%)Terms: up to 36 Months (Most Deals are 6-12 months)Fees: 2-4 points(%) of loan amount paid at closing (Most Deals are 3 points(%))Minimum Loan Amount: $50,000 (For loans less than $250,000 $2,500 minimum fee)Max Loan: 65%-70% of After Repair Value(ARV)100% Rehab Financing Available (Require 20% of purchase price down payment or cross-collateral)Closing Timeframe: 48 Hours - 3 Weeks (Most Deals are 2 Weeks)NO PRIMARY RESIDENCES, NON-OWNER OCCUPIED ONLY, BUSINESS AND COMMERCIAL USE ONLY.

I think you hit it on the head - depleting your cash is, in my opinion, a calculated risk worth taking due to your savings rate.  

It is found here: https://docs.google.com/spreadsheets/d/1EMfiBygtsfhWk7zm8bKc...The property is here: 217 NW 14th St, Pompano Beach, FL 33060 | MLS #F10434086 | ZillowI sources the property and got comps from Mashvisor, which estimated that rent would be $6258/mo w/ 93% occupancy rate. 

Upon expiration of the 3-year period, you must provide a new Form W-8ECI.If you do not file a form W-8ECI with your property manager, your property manager is REQUIRED by law to withhold 30% of your income from the rental and forward the funds to the IRS.Legal Disclaimer: The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter.

I am going to give it another 12 months to see if rates come down, as my first mortgage has a 6.25% rate and my second has an 8.125% rate.

I've been putting money into stocks and index funds, and looking into other public markets, would consider real estate debt funds or syndications (would need to vet those first)  in the future. 

Without boring you with our analysis, at a 50% occupancy rate it would net us about the same as renting it out long-term.