I'm hoping they can help me get a shoe in on a smaller deal with someone whom they've worked with in the past and that will help me get a great deal with less favorable terms. 

Totally understand that 95% LTV and 7% interest isn't exactly favorable for cash flow. 100% okay with negative cashflow but don't want to be bled totally dry each month. 

The area enjoys a favorable cost of living (#1 Most Affordable Places to Live in US) and quality of life.

Offer to pay the neighbors a reasonable amount say $50 - $100/mo. as they're doing you a GRAND favor helping you and besides that extra money may aide with commuting costs to work or a boost to their monthly budget or a their savings account!

We own our home on 50 acres free and clear in Taos County but my wife and I are interested in purchasing a favorable deal we found in the Cookson Hills of Eastern Oklahoma we both like.

Are there any specific regions or neighborhoods where you're experiencing favorable rent rates relative to property acquisition costs?

Each of you are putting in half of the down payment, but I'd consider agreeing to a 60/40 split of the net income in favor of them. 

I will continue to be transparent with the agents and go through the process according to the law update.We are working on all the backend processes, 2023 taxes, you know the flow.. and hope timing works in our favor.

I will agree that the terms/leverage may not be favorable with a lower score, but with experience you may be able to achieve 75-80% LTC with a low FICO. 

Plus the profits are favorably taxed.