I was 4 months into my career post college so I emptied my savings account and loaned money from my parents for the down payment.

I have taken new renters who meet my minimum financial criteria over higher score person "looking for a house" or someone who says they are staying but really is just looking for short term.

But the ones that did had very good W 2 so they had the cash and income to qualify for loans.

Turns out nobody else in the industry, including lenders, really understood the negative impact these loans would have on millions of people.

Also, i forgot to mention: - My credit score is in the 770ish and am looking to use a conventional loan

My long term goal at the end of my investment journey is to enjoy the journey, play the long game, and  have enough income from my investments that keeps my family well and financially independent.

House-hacking is still a good tool, but in many places it is no longer the "no-brainer" best major financial step that it was several years ago. 

i would be purchasing the property with an FHA loan. and im also looking for solid cashflow + long term holding 

The bank I have been talking to for the loan / construction loan seems to be willing to apply that logic. 

I am considering selling a single-family rental in DC and/or looking for a new commercial loan to purchase the building as much as I (or we if my brother decides t partner with me) can to be a majority owner.