It currently just breaks even with today’s interest rates and reported expenses and therefore wouldn’t meet my requirements of being a cash flowing asset.

If you have the 80% LTC loan, keep in mind that the lender will likely require anyone with a 20% or more interest (that's going to vary from program to program/lender to lender) to guaranty that loan along with you.

For comparison, a DSCR loan with 25% down, 3-year prepayment penalty and a 0.25% credit also prices out in the mid 7s (but requires a much larger down payment compared to owner-occupied).

Also important to look into the licensing and insurance requirements to pull permits.

I know of a condo facility here in Savannah that requires all tenants to be approved by the HOA board before being given a lease.

you can try, but they are under no obligation to participate.If their lease is month-to-month or expiring soon, then you could require them to apply just like any new renter.

The legal requirements considering the fact that the project is overseas and the Sponsor can be either US citizen  or  foreigner 3.

A 15 year mortgage requires you to pay whatever the monthly payment is with no flexibility, with a higher payment.

@Matthew Porcaro How do you convert a 5 or 6 unit back down to 4 for the FHA requirements?

The best thing you can do for yourself (and most brokerages may actually require this, I'm sure it varies by state), is to shadow another agent and put yourself in a position where you can learn as an assistant.