Hopefully, some of the lenders posting here can address that challenge...

Sidenote: if borrower is paying P&I and investors receiving interest only it gets more challenging as you are receiving dribs and drabs of principal back every month which is impossible to deploy but you are still paying investor interest on it. yup drag on the fund will drag you down.

Challenges?

I suspect that you'll have better luck with a local bank or private money, though it likely will still be challenging. 

Is there a specific challenge you are trying to solve for? 

Reliable, thorough housecleaning services can be challenging to find.

Challenges?

The biggest challenge seems to be finding lenders that offer these loan products which is where I’m looking for help from the community with recommended lenders that serve Texas.The Fannie Mae (or Freddie Mac) options are preferred over FHA purely because of the (perhaps perceived) limit on renovation funds that the FHA option provides.

Challenges?

I only ask because that is, in my opinion, the most challenging part.