This would ruin any of our chances to take advantage of a 'first-time home buyer' program, correct? 

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

I completed a mentoring program with Robert Shemin an currently working at St.Louis MO.

As a chief financial officer you will more than likely be very comfortable digesting some of the New programs offered for investors. 

Since you're a U.S. citizen living abroad, non-QM (non-qualified mortgage) programs designed for foreign nationals might be an ideal solution for your situation.

DSCR programs vary, but getting away with putting less than 10% of either the purchase price or appraisal amount (whichever is lower) is rare.

I've come across two different guys who just like many other are selling their programs and promising great success.  

Are you being paid by a local, state or federal program? 

Fanny Mae does have a 5% down owner occupied loan program for MF purchases.Any thoughts? 

The claim process has been started, and I'm looking at the SBA disaster loan programs.