Which is good but I would like to get bank financing.  

@Shequila Hamilton pretty much every bank or credit union that does home loans will do FHA ones.

I currently have $45k and plan on getting a bank loan for another $60k.

I have plugged in the numbers for one specific property, and the cash flow meets my minimum requirements, but the cash on cash return does not because the minimum down payment banks require.  

My questions is regarding lenders, for this type of investment what lending bank would be your primary go to?

Definitely not #3 because the bank could call the loan and you'd have way too much money down anyway

Most go back to the bank as there is no equity.

Banks make it hard for us to acquire multiple properties.Plus the buyer is subject to current interest rates from a traditional lender of a private money lender.Subject to purchase allows us to help more sellers and give the seller more for their property.Allows the buyer to close fast and does not require an appraisal or loan approval by an underwriter.What Are the Steps?

And as bad as Harvey was, it was nothing relative to how Katrina impacted NOLA.The banks are falling all over themselves trying to be the good guys.

First, I fail to see how using carpet ever adds value to a property - it's a lint brush on your floor!