But, you may have a hard time renting to a new tenant if your rents are higher than nearby properties.A $25K HVAC system is extremely expensive. 

I was also very impressed with the amount of new immigrants in PG and the quality of post secondary schooling.North Island, specifically CR and Comox is still having record low vacancies with extremely high rents ($1700 to $2000 top floor of home, $1000 to $1200 for bottom floor suite and suites are in huge demand) but the buzz is out, so now door knocking seems to be the only reasonable means of finding a "deal". 

At first glance this looks extremely costly, what are you doing to provide health insurance if you are in a similar situation...

@Chad A Burge the main benefit of the FHA is the extremely low downpayment.

These are equity investments in properties with extremely long term leases to credit worthy tenants in recession resistant/Amazon industries like medical offices, quick service restaurants and industrial.The next is the value added multi family sponsor I mentioned above.

Compared to Bay Prices that is extremely cheap.

She just happens to be EXTREMELY conservative about the concepts of money.

I can believe that to be a distinct possibility. 

your asking for 100% funding and that is rare to the extreme most fokls that get this funding do so from family friends or very close associates that know like and trust them. 

Or in extreme cases, you might want to repurpose it for other uses.