They say by 2028 the percentage will be closer to 30-40% of people. based on those numbers 500k plus 3 mil plus I suspect less than 2% of all folks in the US would qualify and maybe less than 1%.. 

The other way to lower PITIA is to get a lower insurance quote but this is marginal since most insurance carriers are all priced to market efficiently (insurance accuraries have low margin of error or variability).Stated the problem and the solution to your FHA inquiries, any thoughts questions comments, lets goooo....

It is important to note that my business partner is a family member and we are aligned on pursuing whatever strategy is most optimal for our main goal of acquiring as many properties as possible collectively, regardless of ownership percentages on paper. 

It would be a much better rate, it would be a fixed rate (not variable), and it would amortize over 30 years (no balloon payment).

Expressed, in percentage terms, you'll need to put a lot of zeros after the comma to get to the first figure.

Only a very, very small percentage ever make decent income.

There is a variable missing in your post that is the key to answering the question of which asset to leverage to purchase the asset you have in mind.

The BP calculator uses a percentage for both cap ex and maintenance.  

If the property is in a rough part and only rents for 1000 and is harder to manage than a rental that's double that and it's percentage based they gave to be compensated fir the extra work. 

percentages are worthless.