Especially since they are performing first position notes with low LTV. 

It does not meet the 50% rule, but the calculator shows that it still has a positive cash flow and ROI.

Even if it sells at $600K, which is easily done, they are still making a great profit.I asked for a lien position, as per @Roman M.'

But happy to hear from the other side.For example, maybe someone who does developments could chime in, but my guess is the numbers on building new affordable housing just aren't compelling, and if policy/markets shift so that it is attractive, you're going to have a lot more BP forum discussions with everyone asking how to get involved (which would be a positive for low income families because supply will go up and rents eventually come down)

A couple will probably use it as an office which the french doors are a positive to me.

I'd like to find a deal, but I'm not in a position to BRRRR, and I'm not particularly "connected" in ABQ.

You do not want to be highly leveraged, that puts you in a bad position and will hurt you financially for more loans. 

Live for free, have the other tenants pay your mortgage, maybe even positive cash flow left over. 

For arguments sake using my own money doesn't affect my personal life & would give me more positive cashflow per month to build up for the next house as opposed to paying my investor back over 60 months.

But you should ask them if they're going to be in 1st position on the title of the property.