You have multiple people living in each others spaces.

Strengthen Your ProposalDevelop a Business Plan: Include:Vision: Your goal of creating a micro-home community.Market Research: Show demand for affordable or small-footprint living in your area.Financial Projections: Break down costs, ARV, and anticipated ROI.Experience: Highlight your previous fix-and-flip and demonstrate your learning curve.Present a Solid Development Plan:What is the size and scope of the project?

A lot of people go in expecting these programs to completely change their lives. 

4o Hi Monty, I Live 15 minutes from the freeport area with building and flipping experience.

Living closer to work saves time and money.

Our out of state investors first came directly from our circles of influence in Denver where I lived and Florida where my older brother lived.  

In this case, you can use Rental Income from the units that you will not be living in and that income can count to help you qualify.FHA rates are going to be lower than conventional for you almost always, but FHA does have a 1.75% funding fee. 

Having a property management company seems to be a good option for me since I am living out of state.

I'm familiar with the Greenville area, having lived in North Carolina for a few years.

Quote from @Rou Odab: Hello everyone,We bought this house, and we're living in it and renovating it.