With no experience and no money of their own, it'll be difficult to find a PML who will provide you $50K to $100K or more due to the risk.

It is sometimes difficult to leave emotion out of it. 

As Ty said above holding each property in its own LLC limits liability significantly, however it can be difficult to manage and maintain the corporate vail by keeping each LLC's finances separate. 

Is it difficult to get it?

Also, the HOA fees can make it difficult for the properties to cash flow.

Not only will it have a negative effect on landlords, I would imagine some owners of single family homes will choose to sell to an owner-buyer, thus reducing the number of rental properties on the market, making it more difficult for renters to find places to rent.

If it is due to a condition of the property (multiple losses, unrepaired damage, etc.) it will be more difficult to get a regular company to write it. 

The small loan balance lender will be more difficult to find, but someone in your local area should know or be that lender.  

A new construction loan Might be more difficult to qualify for than an existing structure loan.

@Barry Pittman  I have extensive knowledge of Jackson MS and up to Madison county.. these areas are very difficult for subsidized housing since so much of Jackson is already subsidized with section 8 and other state and city programs.. and since existing homes still sell for far under replacement value how do you build new.. ???