Conventional loans on SFR's with asking price of ~$50k

[Dean Thoms]

Hi - I would really appreciate some advice regarding conventional loans. For context, I am a first-time / would-be investor (based in Southern California) interested in purchasing a handful of SFR's in South Georgia. The properties are in fairly low income areas but are currently cash flowing. My goal would be to acquire 4-5 single family homes and use a property manager to rent them out to tenants. My analysis shows that I could expect decent returns if I take on leverage.

Unfortunately, I have heard that I may have trouble getting a conventional loan due to the low acquisition cost of the properties (approx. $40k up to $60k each). Is this accurate? Or is there a way to bundle the homes and get a "portfolio loan"? 

Are there any lenders that I should reach out to directly that could answer this question?

All advice / recommendations would be greatly appreciated from this beginner investor :)