Therefore, I want to solicit creative ideas from the community on how small investors can help these families by providing affordable housing while growing our investment portfolios?

The Tampa Bay area is more than likely not your market with those buying criteria.You will have to put meaningful sweat equity and be creative in your leasing (MTR, rent by room etc) to produce a 3bd SFH  <200K purchase price that cash flows. 

Is there some room for creative interpretation?

@Matthew Paul:Without getting too technical here, most general contractors actually incorporate and provide their services through an entity operating as a business or company of some sort.. so its not clear what your initial point is.

That is an interesting and creative way to potentially make this work.  

By the time you get a couple properties under your belt, you'll be much smarter and in a better position to do more creative investing.Be careful with those cheap Ohio properties.

Seller concessions and other creative capital solutions are generally not available, assuming a loan is effectively transferring the existing loan to the new buyer once the balance (cash portion) has been satisfied at closing. - Income deficiency.

We're seeing a lot of lenders come online with creative DSCR and no ratio solutions..there are even investment property HELOC's that use rental income to qualify.

I’ve heard of seller financing or partnering with investors for funds and using creative financing. 

My husband and I would like to propose some creative financing options...potentially offering a lease-to-own style option?