Board just passed these rules 8 people out of aprox 1,000 units duplexes and single family

I am prepared to make mistakes and give it over with so I can get pass the learning curve. :-)  Any advise /info is greatly appreciated. 

Like @Steve Babiak mentioned, call around to small-mid size community banks and see if they will entertain 20% down.  

I would suggest that you keep in touch by telephone or passing by every month to six weeks. you are attempting to establish rapport and some kind of relationship so that when he decides to reduce price or comes to understand that you are closer to the market than he was then he turns to you over those he might have spoken to in the interim.

Is the property in need of any repairs or modifications to pass city or county inspections? 

We bought it as a primary but just recently decided the profits would be too hard to pass up.

Obviously, I passed the 5 year mark.

After 12 months, your property should be in good condition to be able to pass a bank inspection, and the appraisers will be able to use sales comps for similar small houses (even if there is no any 1 bedroom sales) and adjust accordingly.  

If an offer came in from the same guy on your next house would you even entertain it?

Since these seem like Mandatory things that must be fixed , in order for the house to pass and meet FHA standards, why then weren't these included in the Property Condition Summary , with the plumbing, wood repair and painting ?