I think you're in the right are for investment affordable housing .

Here's an easy prompt for it:Please calculate how much I can afford for a duplex using FHA current guidelines of debt to income ratio, with one side being rented currently for "XXXX" amount.  

In short, I can afford the additional $1100/mo cost of a second house, even until I rent it out.I have around $35K in HYSA and emergency funds that I could use for a down payment, but that's less than 20% which would be required for a conventional loan, assuming full purchase price.

While it’s an affordable entry point with low maintenance, you need to watch out for high HOA fees, rental restrictions, and resale challenges.

Home prices in OKC remain affordable compared to national averages, allowing investors to acquire properties with strong cash flow potential.

Strengthen Your ProposalDevelop a Business Plan: Include:Vision: Your goal of creating a micro-home community.Market Research: Show demand for affordable or small-footprint living in your area.Financial Projections: Break down costs, ARV, and anticipated ROI.Experience: Highlight your previous fix-and-flip and demonstrate your learning curve.Present a Solid Development Plan:What is the size and scope of the project?

In some homes planting the front or placing pots could increase the curb appeal, in others it could be paint or furniture etc.

Structure depends on what payment the buyer and the property can afford. 

If the office is disorganized, their processes likely are, too.Other ConsiderationsExperience: Choose medium-sized firms—they balance resources and personal attention better than large or small firms.Fees: you cannot afford a discount property manager.

That said, if you can afford it and have the reserves, and more importantly think you have a decent chance of increasing revenue with the vacant units then I'd probably go for it.