@Polen NA if you have limited capital to invest I would recommend you buy one at a time and use owner occupied loan to buy properties.

Seller has agreed to 85k with 20% down,  interest rate of 8.5 and loan term can be flexible.  

Make your bank stand out by ensuring FAST same day loan processing with better terms.If I owned BiggerPockets I would act on this IMMEDIATELY because it’s all about speed and execution in business. 

New buyer gets a new loan and the old one is paid off.

This is going to be a DSCR loan since I don’t have 2 years worth of history, but I do have a high 700’s credit score with zero debt.

Can I offer seller financing on my home if it's on FHA loan?

What is the monthly rent you can expect to collect and do you have the ability to refinance to a lower interest loan rather than rely on the higher interest alternative lender who financed the construction? 

First, it's important to understand that you cannot use an FHA loan for a pure rental property.

. - Second Home Loans & Seller ConcessionsOne way to off-set some of the unanticipated costs above is by utilizing more favorable and flexible lending and mortgage terms.

Nowadays, it's really hard to find any SFR that will cash flow with a bank loan on it at 80%.