The Director, a good friend and soon-to-be investment partner, told me that their strategy is that they are trying to stamp out the drug activity by literally disrupting the drug routes (physical backwoods trails) by building and monitoring full communities in strategic locations over there.

Also, they are looking for loans that are as conservative as possible - properties with very stable cash flows (solid tenants with long-term leases).So, how much weight really goes into looking at LTV, debt income ratio, etc.?

If you can look into the 203K "streamlined" I would highly consider it, the non streamlined has a lot more moving parts and requires the assistance of an outside consultant to monitor the project.

I am not sure if I should put such weight on a threat of rising rates?

Triple Net leases are worth their weight in gold.

We requested a 60 day close on the offer and that the seller serves 2 months eviction notice (even though this may not of held much weight legally because it was a fourplex).

Because of this gap period, perhaps a bridge loan would help accomplish this goal - as current asset value carries more weight than income verification with these types of loans.As a direct lender, we offer bridge lending programs (1-3 years) with the ability to cash out refi up to 65% of value in as little as 5 days if you are seeking to access funding for more projects.

Think they also added in some auto enroll for credit monitoring to get even more money.

There are limits on the total depreciation deduction/section 179 deduction you can take on vehicles based on type and weight as well ( max 18k in 2018). 

Once you find a few comparable properties, monitor those listings to get a feel for how long it took to rent out.