You're "delaying" getting financing.There is no waiting period to refinance a hard money loan into conventional.

The purpose of the FHA loan is to increase home ownership for those who would not normally qualify for a conventional loan.

Yes, I would assume this type of loan is the main form of funding for commercial deals, but I also assumed that any SFH investor would need this type of loan at some point, once they max out at 10 conventional loans? 

I don't know if there's savings with that approach over conventional but that's definitely worth pursuing.

For the numbers to work (for me), I need to put down closer to like 5-10%.Are there any lenders out there doing conventional 30 year fixed loans for people like me with only 5-10% down on investment properties?  

My closing costs would be around 6k~ if I used a 25% down conventional loan.  

I've been talking to commercial and conventional lenders and my questions are as follows: Is borrowing in the LLC better, and does this really gain a better write-off potential?

Kirkpatrick has been nice for me due to their ability as both a portfolio lender as well as conventional (of the loan gets sold its picked up by their sister bank in Tulsa who are small and easy to work with)

Financing is a thirty year conventional mortgage listed as investment property. 

You'd need to have great service, a great location, and you'd have to capture a small group of people who are intentionally looking to stay in a conventional B&B over other options that may be cheaper or more convenient.