This is tilt-up concrete panel building (so not your basic metal tin).  

It is required to accept an assignment.

There are companies offering interest rates sub 6% for a 30-year fixed mortgage with only a 20% down payment required. 

Find a local investing group (or several) and network with other investors that can answer your questions and help teach you.Here's some of my basic beginner advice.Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.

To double your money in ten years you would be around 8% returns required.

There are financing options for self-employed borrowers in these sorts of situations, but they require a higher down payment than FHA.

I am curious if the fees I am being presented are in line with market norms:lender app fee: $10,000Origination fee 1% ($20,000)Lender costs: shows a fixed amount at $10,000processing fee $895registration fee $10,000Title and escrow fees: $4,000 est.6.5% rate fixed at 10 yearsPrepayment Penalty: Yield Maintenance months 1-114 (1% minimum)Third Party ReportsApppraisal Required Engineering Required Environmental N/A Seismic Report N/A Market Study N/A Funded EscrowsReal Estate Taxes Required Prop/Liability Insurance Required Special Assessments N/A Ground Lease N/A Replacement Reserves N/A Required Repairs TBD Debt Service Reserve N/AWould love to hear your thoughts on this as well as what you think is appropriate fees for the freddie mac sbl program. 

Here are some tips to help you get started:Real estate requires a strong network.

CrowdStreet has been great, some projects require up to $50K down with most at $25K.

Many require RFPs from the prospective landlords.