HI Vince, as long as you are vacating your current primary home and moving into a new primary that is acceptable, but just make sure you obtain a 12 month lease in order to use the rental income to offset your mortgage payment and not getting hit twice for your current mortgage and new mortgage.

(Down Payment Assitance Program).

Be careful about using your current home equity as a down payment on another property.

The letter also stated that the current landlord should have begun collecting payments toward to the security deposit upon receipt of the letter they provided me, which they did not. 

Once you get into 3bedrooms and up Furnished Finder won't be as reliable as a channel to find tenants.

But power is just too cheap and too reliable.

If you have a tenant that doesn't pay and you have to evict, you might lose 3 to 5 months of rent payments plus have make ready costs of 5k to 6k depending on what they do.   

Threatening me by saying you won't buy another one is like the tenants who comment on all of our eviction videos saying "they evicted that tenant as soon as he missed his rent payment.

This was my first investment property and I used a loan from my 401k for the down payment and also used a local credit union for a 10% down payment on it when I bought it.

The down payment is based off the total adjusted acquisition cost – the purchase price plus the cost of renovations.