Higher interest rates on conventional loans may result, as the government backing currently helps keep rates low.

For financing, there are programs like FHA loans for first-time buyers, and there may be local or state-level programs offering incentives for affordable housing investments.

So the only money out of pocket is any closing costs that don't get worked into a new loan.

VA loans are the only loans that allow this, and there is no rate penalty for it no longer being your primary home.With that in mind, you could do a cash out refinance today at a higher rate than current market rates which will create profit on the loan, we can take that profit to pay for your closing costs.

Buy a 4-plex with an FHA loan.

Hire a loan servicer - plenty of discussion and recommendation on BP on this topic and some recommendations for servicing companies 

If so, were permits pulled & were they installed by a professional5.Are any of the homes rented to students6.Is there a flat roof7.are there asbestos shingles8.

I went from a 15 year loan to a 30 year loan, locked in my interest rate at 2.85%, pulled out $111K in equity, and lowed my monthly mortgage by $20 per month. 

As far as financing what would be a good loan?  

closest I saw that happen ( nobody buying) was 08 to 2011.. when investor loans left the building ..