Two of the homes are over 25yrs old, and offer the upside potential to renovate and increase rents to market once the current tenants move.Question to this community is, are there any recommendations for lenders in this deal size and in this area?

If you're self employed, you could add it to a self directed IRA.~ Lindsey

I intend to invest long-distance in small to medium size multifamily properties and hire property managers, not sure how often physical checks will be needed.Appreciate any feedback or other bank recommendations, also looking into NBKC and LendingClub.

Quickly becoming more expensive than national housing average, the areas closest to major employers and the airport are in the 600-700s easily now. 

Cape Coral is the better of those cities for MANY reasons - age, growth, jobs, size, etc.

The next person is well employed with a lower credit score and is accepted.

Even if newer buildings can't price rents as low as yours, they might offer amenities or modern designs that attract potential tenants.Local Economic Factors: Consider local employment rates, major employers relocating, or any changes in the local economy that might impact rental demand.2.

Do the tenants have stable employment?

It's only going to get worse as the disposable income gets tighter and if there is any change to employment.  

Medium sized flipper here out of Minneapolis doing between 40-50 deals per year.