I will add that to your question of 10% or 20%, you need to ask yourself whether you need the cashflow or not. 10% down would leave some money with which to buy more properties.

You've earned $132,000 more by splitting your money and leveraging it.

Of the IRA money I spent $120k on the remodel.

I do own two triplexes in Scranton, and I will say the one issue is that you are going to be taking care of the utilities normally if they are not on separate meters, which could take a good amount of money away from your overall cash flow. 

. - We always recommend buying your first rental locally if possible and DIY managing to learn as much as possible before investing OOS.2) Lots of crooks and incompetents in the PMC world:( They both cost you money.- As already stated, you'll have a small portfolio.

ask questions.also, you have to have money to invest. 

We do have to come up with 40-60% of the LTV through investor money!

Risk goes hand in hand with the amount of money you stand to make.  

The interest that it does accrue is money you don't lose, but rather it does go back into your investments. 

@Dallas Morioka why use your own money when you can do seller financing.