I have access to see properties on market with assumable mortgages for FHA. 

and you will have many many applicants assuming the quality of the rental and the rents requested.  

I am assuming in this that normal cleaning was done pre-occupancy and they are excessive in their expectations.

You will never pay more tax in recapture than what you originally deferred, assuming your personal tax rate stays the same.

For example, even if I liquidated by bitcoin just a month ago, it would have lost 50% of its value.I understand this is not easy, but this is the creative financing forum so trying to think creatively here =)I'm afraid you are assuming that Bitcoins is not going to crash tomorrow, right?

You are still going to get the best rate possible with your significant down payment and with good credit I'm assuming.   

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

And assuming you get the tenant out (or get them to pay rent), are those the rents you'd get AFTER the rehab?

I assume I will need to fix up the properties at least a little bit to start out so I am not shying away from that.

We have talked about things such as rent by the room and acknowledge that the operating model will likely be very different while living in the property vs. when we move out.I think the point you made about assumable loans is very helpful to get into a property you might not otherwise be able to afford.