I am 23 in Cincinnati, OH - potentially moving to Columbus, OH - have been working in a Commercial Real Estate brokerage for a few months now learning more and more about the industry.

If you have never been there, you have to go through a Marine security check point to access the city

I know there are FHA guidelines that limit the ratio of rentals vs homeowners, but if that is the case you would just get a small bank to make the loan using a commercial loan with your LLC, there are a good number of them that will do a BRRR for you. 

Hi BP community - I'm currently looking for a commercial multifamily building in Houston and am looking to connect with investor friendly agents + brokers in the area. 

Well, it would be good time to get DEMO quotes and see if the city will give you a demo permit to do it yourself (they may want to test for lead.asbestos but even there you could just subcontract that part) and do the rest yourself if you have access to equipment and disposal facilityAS for what to do with this land, it seems you can put 8 units on it cottage style?

Is it a large bank, a commercial lender, a small bank, an individual?

A commercial lender would probably look at that more reasonably than a conforming residential lender. 

There are banks/lenders for properties under $50k but they may take some digging to find.You can also bundle the two properties together and cash-out with a commercial/portfolio loan.

If you go over to a portfolio aka commercial lender you can have dozens of properties if not more.

However, I am building my land investing portfolio.Like I said, I am not at this moment interested in investing in SFR's, multifamily, duplexes, triplexes, commercial buildings, etc...just raw vacant land.