Makes complete sense to purchase a property that breaks even or loses money.

Yes, it is debt tied to a property she owns.

Ultimately though, it will depend on the lender and the availability of funds (assistance) available for the demographic area that you are purchasing in.Do you have a property that you are looking at?

If the difference is too much then they will purchase multiple properties using all of the proceeds.

Let's cut to the chase:  "A tenant is obligated to follow HOA rules, as they are considered residents of the community and must abide by the same restrictions as homeowners, even though they do not own the property; the landlord is responsible for ensuring their tenants understand and comply with the HOA rules. 

If you don't have to return fees, but you do have other properties available: the unit has been leased to an earlier applicant, I would be happy to roll your application/screening fee over to another of my available properties if you are interested, here is a link to my listings: If neither of those scenarios.

and where you could start with a house hack... which is the best and most powerful way to get started.now, should you buy a random, 'cheap' (supposedly) property in some random market you may never live in or have any connection to, before you're settled, just to own an investment property? 

They are not buy and hold forever type properties. 

Denver is very expensive for a new guy who doesn't have loads of capital so a market like Missouri for example is intriguing for far cheaper real estate but then Id either have to move, improve the property remotely or simply buy and hold as a rental for X time. 

But, you already know that having property management experience.