You will have more vacancy when you do have a turnover and you might not collect as much rent as you would for a similar priced non age-restricted unit. thanks Aaron appreciate intellectual feedback agree there's lost of nails attracting the magnet. 

I have a regular day job and plan to keep one for the foreseeable future, but am energetic and intellectually curious about almost everything.

The home inspector is a Generalist and can analyze things and speak through the lens of a general inspector, but they MUST defer to a specialist on specific issues (for the sake of their liability mainly, and for intellectual honesty, too).A good example is this:  a general inspector can measure the difference in temperature of the air going into the HVAC return vent and coming out of the ducts, which indicates the relative health of the HVAC system. 

@Darren Klein appreciate your significant intellectual aspect.

Having friends and helping them out is one thing, but you should keep your intellectual property for yourself.

My thoughts on this mater are no intellectual exercise.

Though intellectually, each of them know I am making a profit and each of them know I am a real estate investor, to put a dollar amount in front of them can destroy their enthusiasm.

You can have all of the intellectual discussions you want about spirit of "intent" and extenuating circumstances that might require you to move before that one year has passed, but the bottom line is the banks consider such activities as fraud if you were to use such a loan to live in it for a few months, then plan a flip, or rent it out.

But, they can, in some areas of business be very enforceable so it's best to get a copy, say you want to take it home and discus with mom, or dad or the wife and have an attorney look at it.Often, people make up non-compete agreements and they are not enforceable in areas of business unless they are very well defined, reasonable in protecting intellectual property or customers and such data significant to that company, they are often going into non-disclosure agreement rather than non-compete, and that may make them harder to enforce by not addressing the proper type of agreement to be made.While some guru may be able to protect certain phrases of a contract, he can't keep you from using standard contract agreements.

One of the main deterrents for me was the money issue, i thought you needed alot of money to even think about doing anything of this scale...What I want to know is, will these techniques apply to my economy or are they more applicable to America.I hope me joining this group of intellectuals will help me get over the hurdle of hesitancy and start on my way to a better understanding of real estate.Thanks for all responses :)