-Management is low - you'll need at least 10% plus leasing costs - typically a month's rent for each lease-up, and sometimes a renewal fee as well-Insurance seems low-Are taxes accurate? 

So you can see why mentioning that solar benefits from tax credits without including the fact that every other form of energy does as well comes across as remiss to anyone who knows a little bit about energy. 

Based on rent of $1,695, I think you'll be lucky to get an appraised value of $160k with a CoC return well under 2%.

@Dawn MurrayI recommend you seek your own attorney in this as well - typically in these situations there is very little to go around but whoever gets the first lawsuit and judgment wins.

I will only get one chance to set my real estate foundation, want to make sure I do it as well as possible without suffering paralysis. 

All well and good.

I would go the VA loan if you can, no pmi will help your debt ratio as well.  

We've utilized the VA loan for our current home, and this strategy has worked well so far.

There will always be upward pressure on rents there as well. 

This isn't 2011-2013 days but many people are stuck in that time period STILL.As I finish my licensing study, I'm very grateful I chose this route as opposed to being a one trick pony.Wholesalers did themselves in by their method of operating.