Note that FHA can be a great option at 3.5% down but don't rule out the 5% down conventional option either. 

By using time as a key asset, we can ensure that:Properties remain affordable and community-focused.Tenants have access to education and workforce opportunities.Investors receive steady returns without destabilizing the market.To Summarize:This project isn’t conventional, and I don’t expect everyone to immediately align with the vision.

What are you considering a "conventional" loan vs. a DSCR loan?  

That's the predicament of using conventional financing.

Conventional wisdom states that building a solid local network is key to any operations.

Due to your payment history it’s going to be tough to refi out into something more conventional or a DSCR.Hard money is your best bet but that’ll cost you.If your selling, drop the price and you’ll bring in more demand.

I would just start out by meeting with bankers, telling them your goals and mentioning some of the ideas you had(FHA vs conventional) and ask for their advice.

Friendly reminder you can do a Conventional loan 95% LTV to purchase a home for them.

If its a conventional conforming loan then I believe they should be reporting your payments.

I was shown about a handful of their holdings in the Houston, Memphis, and Little Rock markets, but the cash flow and CoC returns were less than $100 per month and 2-4% after factoring in additional expenses like 7% vacancy and 10% maintenance per month to go along with 20% down and conventional mortgage.