The only downside is that you may not be able to retire as early as you like as your cashflow is unavailable until you tap the 401K later in life.It really all depends on your goals and what your risk tolerance is.

Secondly, unless you're an attorney you probably shouldn't be giving legal advice without at least having a disclaimer or showing some examples of case law in order to prove your point.Here's a link to The Fair Housing Act:http://www.justice.gov/crt/about/hce/title8.phpand here's the specific section that I believe, although I'm not an attorney, proves my point.Sec. 804.[42 U.S.C. 3604] Discrimination in sale or rental of housing and other prohibited practices As made applicable by section 803 of this title and except as exempted by sections 803(b) and 807 of this title, it shall be unlawful-- (a)To refuse to sell or rent after the making of a bona fide offer, or to refuse to negotiate for the sale or rental of, or otherwise make unavailable or deny, a dwelling to any person because of race, color, religion, sex, familial status, or national origin.

Any time required to clean and/or repair the Leased Premises following Tenant’s vacating will be charged, in addition to the cleaning and repair time, a day’s rent for each day or part thereof unit is unavailable to rent.

Tenant might want to personally be there, in which case you say that you will allow that but if the tenant is unavailable then the service people will be allowed entry under supervision of somebody - like maybe you :)An exterminator is a bit different from a plumber - the plumber only needs to go into a kitchen or bath; the exterminator goes into EVERY room and space.

If that is just not possible or cash flow unavailable then it may be a sign that its not the right time to buy in that market.

For example, on a recent project, one potential investor asked about the reasonableness of comps, and the sponsor provided a 500-word response the same afternoon, detailing the special house features unavailable elsewhere in the neighborhood, the growth of the neighborhood versus others nearby, and six more comps of nearby sales.

I posted my rental on Postlets a few days ago and already got a message that a "renter" is reporting my listing as unavailable, so it was expired.

Should they reimburse part of our rent since it will be unavailable to us?

If you paid cash you can lose opportunity costs on other deals from unavailable funds stuck to this property.

As @J Martin said, you are in a great position to get owner-occupant financing which means that you can look at price points and initial cash flows that are unavailable to non-occupant investors.