They would be the ones to answer that question based on your credit, income, debts, if you qualify for down payment assistance, etc.A second point, is that if you find a house within your means and don’t overextend yourself, you will likely come out on top in terms of housing costs compared to renting in the long run. 

@Sherwin Bahai the policy cost will be higher when it is a vacant policy with a builders risk policy as compared to a traditional homeowners policy.

So a $20,000 profit probably isn’t going to be very interesting to them compared to 6 figures.  

You will get appreciation over time, but split-levels will appreciate at a slower pace compared to colonials in that area.

But if you go onto Crime Mappers and compare what's going in Daytona to Jacksonville...

I am trying to compare them with Ziprent.

My MLS spans all throughout Tampa and mostly all of Central Florida and can give you some Comparable Market Analyses near that area to help you with this journey.

If comparing prices, do research and think bigger picture.

But you also mention "Compare being able to write off the $370,000 today versus having to depreciate it over the life of the asset - 39 years - that’s quite a difference!"

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.