FHA can be great, but if you qualify for a conventional loan you'll less red tape and won't have PMI for the entire life of the loan.Have you considered MFR?

Conventional loan? 

I’ve only used conventional lenders.

So, my lender moved me to TDHCA for the 5% DPA but notified me that the MCC cannot be used with a 5% DPA while using a Conventional loan with a fixed rate.

Looking to finance a 70k SFR with preferably 20% down. Willing to go up to 25%. FICO is high 600's and it is 1st investment property.Are any banks or private lenders funding these kinds of loans right now?

as a new agent you need to decide where you will hang your license,(broker), you dont work on your own, part of the idea is than an experienced agent will over see you and help you work,there are many companies out there, interview with a few, let them talk, most would rather hear themselves anyway, steer clear of more independents that boast letting you keep more, not for newbees, i started out with national chains till going to remax after many years, the chains will will have additional training for you, I also mentored two other agents after hitting elite status on nationals, be ready to give some of commission for mentoring, dont volunteer it up front, you will have many fees to pay starting out, sometimes you can also be an assistant to a major agent too, you will list thru a multiple listing service that other agents used to find houses, public too, they cost also for membership, on your own you cant list on craigs and do open houses, there are some who only list and some who only sell, and some inbetween, if you are lucky enough to get both sides, suggest you get someone else to take buyers side for transaction if you have iron clad relationship, or stay neutral, some list only to take buyers elsewhere, one house one sale, one house many buyers, what ever you do stay intouch with listings, plus with national agency lots of experience, lots of ads, national website, referrals,traing avail if you got in this to work from home and make a large commission right away you got sold, fees will eat you up, sales take time, money and experience, some get in it to buy their own, that is an option too, do lots of phone time, stay friendly with all in office, avoid politics of all kinds, do rentals to pay the fees, they can  turn into buyers, expect to make first listing within 3-6 months, sale 6 months, till up to speed, my standard was 2 of each a month, some more some less depend on season, can tell you stories.... doing floor time once had buyer walk in, said wanted to spend no more than 2, turns out was million, no one wanted to do floor time, also my first listing was a real frank loyd wright home, other agents would me give their rental lookers, be willing for all, I worked in area of NJ where a famous golf course is, was one of few that belonged to all 3 mls, so had advantage, a $1500 corp rental relocation will some day buy, get to know the relo person, we used to give nice gifts to clients, make it something they will see everyday not flowers or candy

In accordance with my 2019 tax return I am not making enough income to qualify for a conventional loan due to all of the deductions I took using my rental.

We selected Athas due to our "traditional" residential lenders said it would be challenging to obtain conventional financing due to lack of 12-month leases in place and the property operates as a STR "business." 

Hi Jake- Just my opinion, why would you use cash when you could go conventional?

That was definitely not a Conventional loan, because the max LTV for a 2-unit investment property Conventional cash out refi is only 70%.