This furthers the idea to seek a mortgage professional if the purpose is to see if you qualify for a loan.  

Even if I have to take 100-200 less in rent in exchange for a bigger down payment AND a more qualified lead that can get a mortgage in 2-3 months as opposed to a year, im better off. 

No bank qualifying.

I'd like to offer you $5000 to take over your payment so I can get a qualified person to live in the house as a 'live in property manager'.

I went as far as completing their rent roll spreadsheet to see what I would qualify for based on my current porfolio.

I'm thinking, you do realize that we just totally rehabbed this house don't you, and now I'm not qualified to change a pipe?  

This method or tool will allow us to place a resident in the property who for whatever reason can't qualify for traditional financing yet, but would like to enjoy ALL the Rights of Ownership yet avoid all the inherent dangers of Seller Financing Schemes such as Sub-to, CFD, AITD, Lease Purchase, Lease Options, etc.

If you have enough cash I wouldn't think you would qualify for the loan. 

If you occupy over 50% of the building, you may qualify for an SBA loan - 10% down and 25 year term.  

Intense, skilled, qualified...