Based on the research I've done, I believe we need a Bridge Loan.

Try to rent to people without vehicles.  

Is there a best 1st Business loan I should use? 

For one property, the manager loaned the property money, not allowed by the OA, which created (unfair in my opinion) distortion when using capital accounting.

This would allow you to put 3% down on FHA loan and rent out the others to offset, hopefully cover, your mortgage payment + taxes + insurance. 

My DTI is pretty high but I was going to try a DSCR loan w creative financing, To delay bigger payments until I get the tennants out.

Would I be better suited trying to find a Fix N Flip, pay cash using my equity, do the work myself and then put it back up on the market or would I be better off purchasing an STR with 20% down and leveraging a loan to get some cash flow coming in then maybe pursue a Fix n Flip using the remaining equity and let the STR repay the HELOC until I sell the flip?

Factor in at least 40-50% of rents going to operating expenses.Financing: 30-year mortgages will have lower monthly payments than 15-year loans, increasing cash flow.

The loan you originated still must be paid in full.

For further details on this parameter, please consult our user guide.We have allocated a budget of $15,000 for renovations / refurbishments.The purchase price of a 2-bedroom / 2-bathroom unit in this area is $498,000, with 5% of this price allocated for closing costs.A turnover cost of $175 per booking has been factored in, with no rental management fee assumed, indicating that you will manage bookings and cleaning services independently.The mortgage rate is set at a fixed 7% per year, with an 80% loan-to-value ratio (LTV) and a 20-year term.For the remaining parameters in our financial model, please refer to the image above.Taking these values into account, below are the results of the financial case study.Some insights:The results show the anticipated performance of a 2-bedroom / 2-bathroom unit in the southwestern area of Okaloosa Island, Florida.Expected gross revenue amounts to $78,240, derived from 47 bookings with an average stay of 5 days at an average daily rate of $325 (inclusive of cleaning fees).Total yearly expenses add up to $68,014, encompassing various costs from private mortgage insurance (PMI) to property taxes and annual loan repayments.The cash required for this deal totals $139,550, incorporating the 20% down payment for the mortgage, 5% closing costs, and the $15,000 renovations budget.Pre-tax net revenue stands at $10,226, representing a 7.33% cash-on-cash (CoC) return.The annual return on investment (ROI) is 1.9%, excluding value appreciation.