The lender also may wish to see skin in the game and limit your loan to 60%-70% ARV.There are advantages/disadvantages(risks), to either situation.

So doing so would put you at a severe disadvantage.

I'm looking to acquire my first rental property and am wondering about the general advantages and disadvantages of different lending institutions.

I plan on financing it at a later point.I'm wondering about the advantages/disadvantages of listing my wife on the deed.

A contract that is entered into by a seller in bankruptcy can contract, but he can only perform after the bankruptcy is discharged and he should inform his attorney and the court that a contract has been enterd into; if it is not to the disadvantage of other creditors, and it is for an amount acceptable to the court, the contract can be closed.

So what advantages and disadvantages should I be considering with this proposition?

At this point, businesses without web sites are at a disadvantage over ones that have them, at least for many sorts of businesses.If you want one view of where this all leads, read Ray Kurzweil's "The Singularity is Near".

So, in general terms (and keeping in mind this is predominantly a college rental town) what would be the advantages/disadvantages of the following properties:1.

Other than the small expense every time a fuse blows (which can be often given all the things we have now that need to be plugged in), I feel the fuses vs. breakers is a slight disadvantage when renting (or rerenting) and we plan to upgrade to breakers at some point.  

Distance investing has it's disadvantages but can also work.