That mid-range investor if doing a fund in that range is going to be very difficult to find enough product, cover your overhead and pay the investors. 

It's a product offered by Lead Propeller and am curious if anyone has tried it. 

You couldn't return a single call, email, or text and lied about being able to deliver a product.

Is the Only Way to Negotiate a Lower Price with Builders is to have a pain in the butt inspector find a laundry list of problems and meaningless in the grand scheme defects to compel them to cut their numbers to move to acceptance and closing?

They do build a solid and quality product.

Your income would qualify you for the Homeready/Homepossible products and you may find that is better pricing than FHA.

I'm guessing there are some nicer, high-end artificial products out there ?

That sounds like a lot of new product entering your market that could scoop away your tenant.  

I would advise against an "all-in-one" product but probably not a lot of time to go into that here so, let me just answer the question - try some local real estate meetup groups in your area.

Most of them absolutely see the value and have much more productive ways to spend their time (like buying more properties!).