The only interpretation of what the Federal Reserve Bank (the head bank) is saying, is that "banks credit depositor accounts and lend the deposits".

Doesn't ring a bell right off the top of the head.

My advice is dont put so much down and instead buy a Primary and an investment rental all in one step.May sound crazy moving into a new state and also buying a rental but your already way a head of most investors. 

But a heads up...the best financing on these types of properties is seller/owner financing.

Just looking to sell in the near future and trying to wrap my head around what a potential STR buyer will expect.

I will be applying to schools this upcoming summer, interviewing in the fall, and, Lord-willing, finding out late fall where I will be headed. 

Stock market is liable to change rapidly and high risk.

Stuff that may be a head scratcher as to "well why did they not mention this at all, I mean, holly-cow this changes everything". 

I think you hit the nail on the head when you said "...and I think it helps prevent problems when they understand the myriad issues involved in its use."

Unfortunately, the builder was over their head and went bankrupt.