In some certain situations you won't be able to put 10% down and the rate may not be lower.  

It has provided multiple 6 figures in equity since. 

It sounds like your situation in life has changed, and that have a certain focus and direction that sounds like your pretty well set for.

That’s why some investors have multiple LLC’s for their properties.

@Daniel Suarez, Another option depending on your desire to go deeper into the sec 8 world would be to 1031 and purchase multiple less expensive properties. 

So - how would you approach this situation?

This is crazy (in most situations).

The decision between using an FHA/low down payment loan product and putting down a larger down payment depends on several factors, including your financial situation, investment goals, and risk tolerance.Here are some considerations to help you make an informed decision:Size of Down Payment: A higher down payment might lower your monthly mortgage payment and perhaps free up cash flow.

I would also argue that there are plenty of landlords out there that have rentals which are currently below market rental price.I assume that this part of the tax code was created to prevent those with multiple homes from letting relatives live in one for almost free, while potentially hiding that rental income and not having it registered as a business and pocketing the money.  

I have been trying to be as nice as peach pie in order to move the situation along as fast as possible. i was present when my listing broker called the manager to try and get a resolution and the manager lied twice during the conversation and contradicted himself at least twice during that conversation.