Plus, t looks like this requirement has been in place since 2021, so I have not been in compliance - anyone have experience with this?

I'm From Ethiopia I just found biggerpockets and really love the community, the contents and all members helping one another I'm also new to investing and would love to learn and grow in my financial freedom journeyIts an honor to be part of this community and looking forward to learning, growing, connecting with like minded people Thank you for all who created this amazing platform , Have a Great Day!

I would simply use a percentage.

Quote from @Ryan Konen: This is exactly what I was looking for.

Quote from @Ingrid Hussey:First I would check with local and state laws on this...

Thanks BP Community,CameronI’m currently living in a live-in-flip property that was seller financed, really useful when you max out your DTI from a lenders perspective. 

Sellers appreciate the honesty.So, how can you establish this kind of credibility?

Either way you have better options you can use the land as equity so FHA would nto be the best route. 

L/O is a great strategy but you need to learn how to do it and do your due diligence.I am just buying 2 more properties using this method.

I currently use RendRedi for my single family rental I have.