My plan is this will be my 'start retirement' property :-) I am going to do my standard 25 year amortization loan in case I run into any unexpected things along the way, but use the projected cash flow on this property to apply all of that to paying down the mortgage early.

I could put the minimum down OR put more $ down (50%) to get my rental income higher and apply for a Heloc loan to re-invest later?

So, when this lady applied, I relaxed my screening and on top of that, the government(Section 8) paid 100% of her rent. 

@melissa mendozaThank you for your response to my post.I already own my own home, from understanding and please correct me if Im wrong but I can not apply for a FHA.

If the borrower makes no payment until 2018, that P&I payment would be applied to the 2/1/2016 payment, right where he left off.

Who believes that POS rules and regulations are unconstitutional and believes that the ruling should be applied to the suburbs of Cleveland?

2) The 1% and 2% rules don't apply in SoCal.

The speculation tax only applies to non-residents who are not Canadian citizens.  

Send it to EVERYONE that has applied and was denied, regardless of the reason.Hope that helps

Agreed..regarding lesson learned, and applies more so with low income tenants.