So to me the paperwork process was nearly the same as a conventional loan (except they do look at rent rolls, detailed rehab list, etc), but they had more flexibility and could approve it much quicker. 

Rent rolls/expense sheet.

I know that’s not easy to do, when you have bills rolling in but it’s key.

Switch to mortgage or delayed financing once you get BRRRR rolling, cause normally we (lender too) expect them to cash flow with mortgage.

A commercial property's value is based on how much money it makes, so a $700k ARV is highly unlikely.Have you seen an actual rent roll or leases?

I've already secured proof of funds and I'm ready to rock and roll. 

Personally, I roll all of my cashflow from my investments into my next investment and never touch them for anything other than servicing the property. 

I would build a wall in the middle and install 2 roll up doors. 2x the rent.

Keep in mind it would have to be pretty blatant to be substantiated, and you'd have to prove that the REALTOR knew or should have known the correct rent roll and blatantly hid that from you.

I'm currently saving 50% of my income every month in the hopes of doing my first deal and getting the ball rolling within a year or sooner.Anyways, just here to learn as much as I can, have a community to be able to ask questions.