It can vary by market and property type, so take with a grain of salt. 

Management fees vary widely depending on the market and can be anywhere from 20-40% (or even as high as 50% but that's less typical)  If somehow here it's a flat fee included in the HOA, well, score!

Answer will vary by night and day on which side of this scenario this situation fits. 

It really varies by the asset and market.

It varies drastically depending on where you buy, but you can get great deals.

Hey James...it would be worth your while to purchase Craig Curelop's "The House Hacking Strategy" if you have not already done so...He has also been a guest on BP Podcast #252...As @EvanPolaski said, there is a limit on the amount for an FHA loan...the limit varies by county and whether you are purchasing a home or a multiple residence type structure...you can go to https://entp.hud.gov/idapp/htm  for the limits (its a strange link, so I hope that works!)...

Seems that opinions on vacation STRs vary much more than on duplex long term rentals.

This can also vary based on what a rehabber might want to do to the house. 

@Shawn Thomas, this is going to vary greatly between lenders and size of building. 

But, let’s build our real estate investment practice one step at the time, and use this uncertain time to improve rather than sit-and-wait.Before diving into detailed analysis, use 1% rule to quickly evaluate dealsIf a property passes 1% rule, then look deeperWhen focused on cash flow, focus on annual cash-on-cash returnHave a thorough estimate on investment cashPlease include closing cost, the % varies by regionAdjustment % of downpaymentMonthly expense = monthly operating expense + monthly mortgage expenseFor mortgage expense, use established mortgage calculator (e.g.