This includes checking past landlord history, money in the bank, paystubs, etc.

They won't make that much money as farm ground. 

Currently thinking a DSCR or Private money lender would be best bet.

You should just take your money and light it on fire.

look into a hard money lender

Pretty much everything I've looked at either:A) doesn't cash flow for about 15 yearsB) would cash flow if you bought it with cash, but at that point you could get much better returns investing that money elsewhereEven looking at house hacking it seems that the savings on rent (about 2.5k/month median) are outweighed by the significantly higher cost of purchasing property.

I have a hard money loan through a family member and that is included in that 700k. 

I helped the cashier at a 7/11 buy a house because I know that how much money I make is proportional to how many people I talk to about real estate.

The only time it makes sense to use a HELOC is if investing that money into real estate will give you a greater return than the interest rate you are paying.

The previous owner then saw an  opportunity to sell it for more than it was worth before because a developer can turn it into a much larger asset and make a lot of money.