We are working with a lender that a friend put me in touch with and I have no idea what program or loan type he is using here. 

A few years ago I was in an offer and compromise, but I was kicked out the program due to me not getting a payment in after having my payment sent back to me for not having the correct name on the money order.The last few months I've been working with a advisor on building my credit at the same time establishing my business name to build business credit.

I teach high school and I have a background in graphic design, web design, and social media.

Maybe not a bad idea to double check with one of the web-based calculators until you figure out what you did wrong on the BP one.ARV is all about comps when it comes to residential properties.

Landlord: Focus on applicant criteria, vetting potential tenants, thorough lease agreements, outline tenant expectations, perform regular walk throughs with tenants, and use web-based rent collection and maintenance requests. 

Most people don't really understand what that means and misuse it all the time.I'd start with the municipal web site to see who is listed as the owner there.

The lender also told me that I would not qualify for a first time home buyer program for myself if I move to Atlanta next year.

remember that every real estate plan works great on paper, real life doesn't play as nice. this program SOUNDS great but there are a lot of things that aren't going to pan out to these optimistic expectations.

The lender also told me that I would not qualify for a first time home buyer program for myself if I move to Atlanta next year.

If your startup costs are less than $5,000, you can expense it as a “start up cost” under “other expenses” rather than amortize it over 15 years (which I point out only because you might find something amount amortizing start up costs on the web somewhere).