If you wait you losing your most precious resource… time… compounding money… in 1-3 years you should have your 25% for your next investment property.Don’t overpay and make sure the numbers work

I have been told opposite information from different lenders and am having trouble finding a definitive resource on the subject.Lender1: "Vacation homes" cannot be rented, if you acquire a vacation property with the intent to rent you are in violation of the loan, the loan could get called, and you risk foreclosure and a derogatory mark on your credit.Lender2: "Vacation homes" can be bought for 10% down and you can rent them right away. 

The person who has higher resources (excluding government subsidy) would still be able to out bid the newer buyers who now entered the market.

But, you have to work with whatever resources you have. 

@Garrett Gahn social media is an amazing resource for agents.

Also, check with your local manufactured housing association for resources and help as well. 

Appreciate if you can direct me to any resources where I can learn more about this. 

Just make sure you take the time to build your team - using BP as a resource and even investor groups on Facebook for your chosen market.

First and foremost I'm looking to find a partner, that way we could pool our knowledge and resources and find a good deal, as for the location of the property, I'm hoping to find a small multi-family in SLC proper, specifically The Rose Park area.

I have no idea if our HOA funds pay his lawyer, if he pays himself to plow our road (they refuse to hire anyone to maintain it, he does it just fine himself), there are serious drainage issues that won't be addressed, and a litany of other questions that should be answered before forcing a vote.I have yet to move into my house but it seems all of these sudden changes have to do with the Presidents hatred for one family that owns multiple lots (all new covenants and bylaws are aimed at one family, the president even held a secret zoom meeting with us and another new family to steer our vote the way he would like AND mildly trash talk one specific family).Isn't there a law in Indiana to protect homeowners from being forced to vote on such a major decision without providing adequate resources for us to determine if this is right for the community?