If you write down goals, make up your mind, only you can stop you from achieving your goal.

@Arthur Voskanyan Arthur Voskanyan, the FHA program was setup to help lower income people achieve home ownership by helping them get loans that banks would otherwise not grant.

And I think the best way to achieve that sense of vested interest on the part of the agent is simply to build the relationship.

Nobody is muscled into a deal, or lied to to get them to believe they are benefiting in a way they are not.

I haven’t found a property yet that will achieve what I’m looking for so no numbers available.

But I believe you could refi the FHA to conventional at 20% LTV, which maybe you can achieve in a rapidly improving area, or make periodic payments from profits to drop the principle owed, or save that money for a 25% down payment on your next property.

The first thing came up to our mind is whether BRRRR is the best way to achieve our goal.

Keep in mind that there's no one size fits all solution for everybody as each person hopes to achieve something different from their investing goals.

If that is a sticking point for you, is there anything else you could do to increase revenue to achieve the income needed to meet the 2% rule? 

I would echo what some others have brought up though - I think much better margins can be achieved.