My goal was only 10k/month cash flow then eventually pay them off.

I wanted to focus on homeless families one day with probably 1/4 to 1/3 of the units I will eventually have.Believe it or not, if I am successful in this real estate thing, I was hoping to teach others in my family how to do it too and anyone else who would listen especially those with children coming from being homeless. 

My strategy of interest is with buy-and-hold of SFHs and eventually commercial space. 

Hopefully he will eventually see the advantages as time goes on.

I am glad that you are aware of your situation and are cutting your losses before convincing yourself that the numbers "will" work eventually.

Wrong audience.Here’s the good news.Just like a lion doesn’t need to know where the prey is hiding—only where they’ll eventually show up—smart investors don’t need to guess who’s motivated.

Goal is to create long sustaining growth and cash flow that I could eventually sell or use to eventually secure a retirement home and place of my choice! 

3) Eventually qualify for a mortgage and buy a home?

This is what happens when you  listen on these deals month after month after month and eventually it starts to digest much easier :DHey, I do now have a question on this part:Also if you're using conventional financing, you will need to wait at least 6 months from your purchase date to use a new appraised value for a new loan.How can I avoid this if I were to do this?

They could fund some of the construction as well but eventually you would need to put in some of your own funds What you need is someone who is creative (like myself) to think out of the box to finance this deal.Happy to chat further