I have not used them in the past but kind of wish I did, especially with oak.

I had a SFR in Sherman Oaks, California with two bedrooms and two baths on a slab, and got 2850/month, but that was 2 yrs ago.

@Stacy Weng I had a condo in Fair Oaks that I bought in 2003 and I did the same thing.

Here are my current findings:MetropolitanLandmark CommunityOrion Federal Credit UnionAnd Angel Oak Bridge (actually in Georgia)Are all good to talk to.Then:Paragon BankTri State Bank of MemphisFirst TN BankSuntrustFirst South BankCommunity Bank MemphisAnd Financial Federal SavingsAll look like they might have programs- but have been flaky in communication.  

Just keep chipping away at those student loans and by the time you meet the 2 yr min work history it might be at 0 balance and your debt to income ratio will be in your favor.

make sure any repair area uses similar wood or is stained to match nothing worse then new oak next to aged.

We invest close to you and we have free monthly meetups in White Oak if you're interested.

An agent I spoke with about this house said they noticed some setttling issues, signs of water damage in the basement, paint chipping, and a back deck that might be possibly rotted.

Chipping and flaking paint, thats got to be taken care of.  

In addition to the areas already mentioned, check out Central Oak Park, particularly from 49th St to 37th St, between Central Ave and about 5th Ave S.