Also there is no restriction on acquiring conventional loan on primary residence even if you have maxed out on conventional loan for rentals.

@Paola Astrid, if so be the case, refi to a conventional investment loan. 

While this might not fetch the top dollar, it could result in a quicker sale at a reasonable price.Consider Renovation Loan Options: If you believe the house has significant potential value once fixed up, exploring renovation loan options like an FHA 203(k) could be an option.

Bank loan How did you add value to the deal?

Buy, even if you don't plan on staying in that 1st house in Cleveland permanently you can just use an FHA loan live there for a year and turn it into a rental afterwards.

Bank loan How did you add value to the deal?

They used that period of unemployment to skip paying student loans and then try to get some kind of program/hardship deferral or something aka "gaming the system".

Bank loan How did you add value to the deal?

Investors may like the income on the spreadsheet, but the appraiser for a traditional loan won't care.

Between Oregon and AZ residential and commercial we have around 23 units with only a couple of small loans.