If you have good credit and plan to refinance if rates ever drop significantly, I would lean toward Conventional. 

Another thing about most suburbs is that the property taxes can be brutal which needs to be factored in to your analysis.The biggest thing is where ever you buy, you need to feel comfortable living in AND upon move out, the property needs to cash flow. 

Have you ever done Section 8 rentals before?

I joined NARPM just after I started in PM and it was the best business decision I ever made.   

MTRs do have higher turnover than a typical LTR (usually between 2-4 times a year), but since most MTR residents treat the space well and since there is less moving in and out of furniture, it is not uncommon for an MTR to actually have less wear and tear over the year than an LTR (and a lot less than an STR), Arbitrage for the MTR operator has its own sets of pros and cons, but I just wanted to address the question of why would a property owner ever want to allow an MTR in their unit. 

You wont ever get all three .

I don't know that there is a much bigger vetting process other than if they can pay for leads, but correct me if I am wrong.I have been on here for ten years and sourced hundreds of leads without ever asking for a single thing because all I do is show up and answer questions and add value.

If you ever want to chat GTA Real Estate, look me up.

(Sorry I know this was a long post)Ever thought about diving into real estate investing while still in high school?

Would some kind of deal like this ever make sense to you?