However, I definitely want to err on the side of caution. 

All this being said - I am 100% open to something if the cash flow is there in a consistent rent area, I'm just trying to err on the side of caution since I do have a decent amount of savings even on top of this 20%(75k) down.Summary:From these posts, it seems I should look at a higher price point (300k+) and consider possibly not hitting 20% down if the right cash flow opportunity exists?

I will err on the side of caution.As a absentee owner I get “I want to buy your house” ads from companies I know are owned by agents but have no agency disclosure.

It is ERRONEOUS to assume because tax treatment of costs related to the grounds were never discussed in a case summary, they are not subject to the limitations of Sec 280A.From Gorod:Respondent also contends that section 280Aprecludes the deduction of the rental expenses and depreciation, apparently on the theory that petitioner's occupancy of the upper unit constitutes “personal use of the lower unit.

Here are some things you should know:The internet is full of erroneous  informationOften internet information is far from specific enoughIf you or anyone else offers legal help or advice for any kind of compensation and  are not licensed in the state the recipient is using the information in as an attorney, you/they are guilty of a felonyIf information is presented as educational material as RCG does, there are state specific steps that must be taken to make sure the user also consults a licensed attorney to review any final product.

There is also a 2 year litigation period in PA where the property owner can contest the sale in court so if it is an erroneous sale there is protection for them. 

At the end of the day I hope I end up with more than that, but for my calculations, I prefer to err on the conservative side.

Nice that you caught the erroneous late payment fee.There is also a minimum full month notice (not just 30 days) before you can increase the rent on a MTM or on an annual lease.

There is no reason to use a title or escrow company for this.To me, it's not always obvious whether the DOT is affected, so I always err on the side of caution and record any modification other than a simple extension to the maturity date.I know you don't want to hear it, but if this is the first time you or your lender have done anything like this, I strongly suggest your lender spends some time with a lending attorney to understand this process and perhaps obtain the proper modification document.

I am trying to err on the side of caution.