I have systems for cleaning, staging, quarterly/annual maintenance, inventory checks through Properly. 

I plan on buying the property in my name as a primary residence as I get to put down 20% instead of 25% conventional; and I get a rate that's .5% lower than investment rates. 

I made sure to point out that conventional financing would likely lead to a waste of time and additional work on his end, and he understood because he held many properties.

You can do that with conventional mortgage financing.

I will be putting 20% down and am looking to go with Conventional financing.  

Note that I have a good credit score but I do have a foreclosure on my record from 2015 which prevents me from going the conventional mortgage route.For example a house I am looking at sells for $110K and the rent is $1095.

For a conventional loan 15% down is required for single family non-owner occupied and 25% for a 2-4 unit  non owner occupied.

Often times it'll be a conventional loan with an occupancy requirement.

We bought this home as a foreclosure with a 30 year conventional investment loan.

We financed this deal on a 30-year fixed conventional mortgage with 20% down.