Return on investment will be significantly higher with a lower down payment but you may have trouble finding homes that cashflow with a lower amortization, etc.Would be happy to chat further & do a deeper assessment.

If you ever took the unit out of service as a rental you may have trouble putting it back into service is a rental in the future unless the building or complex falls back under the rental cap.

I would say they teach just enough to get someone in trouble.

Once you are served, or even if someone tells you they will sue you, then you can get in trouble by trying to restructure your assets.

Another risk is what if the RTO seller gets in legal trouble and the home they are supposed to sell to you gets a lien slapped against it to satisfy a lawsuit judgment. 

All in all, everything considered, I am happy with this outcome and don't believe I should have any trouble renting out my (newly updated) property.Thank you to everyone for your input and advice, I've definitely learned a lot and am thankful for a forum like this.

The trouble i'm having is almost all of the properties i've seen, it would be "cheaper" to rent, and wouldn't touch my capital at all saving the rest for investment properties OOS. 

I'm very new to REI and I'm having trouble understanding how to think about the numbers and evaluate a property.

Warranty: Some smaller operators can't offer the 10-12 year warranties, and my understanding is that they can be troublesome (we're having quite a bit of trouble with our fujitsu installed 4 years ago.

And, ideally, I'd want to refer you to the agent working that other area (because I could then negotiate a referral fee with them and get paid regardless of where you buy)3) where you will burn bridges and get yourself (and agent) into trouble, though, is if you are using one agent to do all the work and then writing the offer with a different agent.