@Christian Gibbs a lot depends on what the attendence at town council is about, are they specifically representing you and your property to town boards?

I think it all depends where you are starting in your career.

The income (rent minus management) should cover the costs (principle, interest, taxes, and insurance) depending on the property's price point. 

For most people, owning their own home and house hacking is typically the best way to get started building some equity, enjoying tax benefits, understanding real estate, and reducing their monthly housing expenses, but it really does vary by person and what they are trying to do.

Depends on the market of course.

It depends how much income you are getting in a year to determine the max loan you can get from a lender.

But it all depends on what your goals and money/time constraints are.

@Eric Telese It depends on the property and what the referee requires.

Discount depends on model but the discount is about 50% off of retail,  and arrives within a week direct from manufacturer. 

Rates will be 10-13%, depending on the terms.A HELOC can be a good tool to leverage your equity for a down payment without touching your current low-rate mortgage.