Raising rents is a good way to increase cap rate and that's easier to do if you have a bigger unit that is more attractive to long term renters and families.

Is there a way to make our FHA bid more attractive than the others?

What about your company and its offerings could attract and detract from prospective tenants?

Just about creating the culture and attracting the right members/tenants.

Even at $80k, in 3 years, I could potentially make a decent amount of money on it - if they actually close, but if not, I have a house that's fixed up now and cash flow and future equity.....How could I make a deal like this look attractive to a buyer?

Once you have it up and running how do you attract decent tenants? 

Here is what I have projected Land cost$280,000Down payment 100k, at 5.25/ 15 yearsVacancy 10% Repairs10%Capex2%PMN/A (will explain)General Liability Insurance$800/yearProp taxes 1.4% (land only)Misc cost $160/moSo factoring in any capex and repair is me being conservative, as I explained I am responsible for very little but do have options down the road to clean the place up, maybe even buyout some of the homes to make the land overall more attractive and more profitable.

Jason and I thought we would start out that way but moving up to hiring out the work is definitely attractive. 

But the things that attract us to the FB program are: the systems and checklists for every aspect of investing, online and live classes, an on call expert, personal coach, and integrated database, marketing and website system.

Meeting their goals and settling isn't attractive to them in any way.