Is there a pre existing loan with that bank with either of you?

If it is a good business with a hard to finance issue, he'll work with the loan team to figure out how to lend to them.

We have around 20k in savings we’re hoping to do our first BRRR with using a FHA loan in the future.

Is the loan assumable? 

If you’re paying off less than $800/mo on your loan id say sell come April selling season.

I know how to use the basic features of QBO, as I do my own expense tracking, but my Bookkeeper is needed for the more complex entries (Loans, capital balances, reconciliation, data entry from PM monthly statements.)I spend almost 8k per year in QBO and Bookkeeping costs (Not including my accountant or tax prep.)

Based on the numbers seems like it was a straight forward conventional loan...any challenges?

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

Since you will be renting it out you should get a conventional loan.

Being owner occupied means getting the lowest interest rate, and a conventional or fha loan.