I wish I would have seen this message before coughing them payments! 

This likely means fewer issues with payments and property upkeep. 

In this manual (which I assume could be modified to provide to tenants) I include all the financing information (which you would not include for tenants) bank accounts, mortgage accounts, payment information, and mortgage payoff), a list of the contractors, what each contractor does, a list of upcoming planned or necessary repairs, and a copy of all leases associated with the property.

I am getting to the point of wanting to back out due to the 27k combined Closing costs, not including down payment. seems like a I should look into finding a new loan officer.

I believe they are still doing the occasional JBB workshop but I believe Dave is quite selective in who they let attend.  

Send written letters, nice stationary, handwritten envelope, explaining why you selected his property and what your vision is for it.

Leverage is a big factor in real estate investing, as investors can control large assets with relatively small down payments, increasing their potential returns (and risks).6.

I feel like having such a low payment and rate make it stupid to choose selling the house, but since I haven't been in this position before, I thought I'd ask here.

Therefore, you need to select the tenant segment first.

Some people make 4x the rent but squander their income on eating out, drinking, car payments, etc.