FHA typically comes with more fees due to PMI and the lower down.If you have the cash your best bet would be to go low down on the most units you can get while keeping enough cash on hand to get you through any renovations.

as an investor is to find sponsors who are good bets that afford good returns without bearing a disproportionate amount of risk. 

Your best bet is to buy on the Southern Coasts (East or West) or the Orlando area.

One that is revitalizing steadily can be a good bet.

I think your best bet is having your broker pivot this file to another lender and order another appraisal.

It's a one-way bet purchasing a property with cash. 

The Eastside inside the loop definitely seems like a good long term bet.

See the image below.If you follow the steps I outlined, your odds of consistently buying dependable passive income properties are excellent.

I personally think the ceiling that makes sense is around $130,000… reason being, our average sold price is mid $200’s to upper $200’s (near $294k at the height, some fluctuations now) and so I feel really safe with a renovated asset in the mid $100s knowing that odds are I get some built in equity with appreciation giving us room to average out closer to the area average.

@Sam Dorgalli you bet, and best of luck!