The purpose of the FHA loan is to increase home ownership for those who would not normally qualify for a conventional loan.

@Phil SharpIMHO, local is not as important as responsive or has products for your purpose or works well with others unless you're looking for something that can and should be done by a local bank or credit union. 

Its important to keep in mind the purpose of an IRA is for retirement, so as @Jaysen Medhurst indicates, the income always flows back into the IRA, which can be taken personally through the process of a distribution. 

I prepaid a year's worth of insurance which the company failed to account for and couldn't give me an explanation for months why I was being double charged for insurance purposes.

The program was designed to promote energy conservation verses economic development (such as Opportunity Zones or TIF's).   

Maybe check him out.BTW I don’t work for him, with him, or promote for him.

If you use management to rent it, ask them to promote it for sale. 

The very best way to serve your clients is to be knowledgeable in their industry.Given that Bigger Pockets frowns on self promotion (even posts like this which are not-quite-so-thinly-veiled as self promotion), the best way to "solicit" clients here is to prove your knowledge. 

For tax purposes, remember a LLC is a pass-thru entity so when it comes time to file your taxes, you’ll be paying on the profit.

Also, is the purpose of doing the individual rooms as opposed to a whole unit to make a deal work financially?