A 20-something seeking FHA financing for an investment property just screams risk and red tape.But don't take my word for it.  

I am currently seeking training from online sources.

Generally a note can not be used as a down payment as a down payment is cash contributed by a buyer seeking financing.  

I recently graduate from UTSA with my BBA in Real Estate Finance & Development, and am seeking to expand my knowledge with a reputable company that offers training and support for recent graduates who have not gotten their feet wet yet. 

I am confident entering this market and will seek your assistance from time to time to help me through my journey.

Renew the loan but seek additional collateral.  

Candidly, if you need to ask this question you need to be seeking real-world help in the form of a certified engineer or competent contractor.The resources you're looking for start in the international residential code book.

Experienced GC seeking  private investors for Real Estate deal in Georgia on a medium size project 50k to 300K .email ,call or inbox me.

What it shows however, is that there is also a resurgence in the segment of the housing market that appeals to young professionals and others who seek an urban lifestyle, and live in the city by choice, not necessity.Disclaimer: Detroit is very much still a difficult market for the average investor.

I highly recommend seeking out local real estate investor networking events.