if there are actual lawsuits pending between owners and HOA then you wont be able to get title insurance and you wont be able to sell it for top dollar most likely.selling it though if you can get top dollar is best U get the 250k tax free.. talk to an accountant before you turn it into a rental.. if you cant get title insurance you may have no choice though.. 

You cannot discriminate against children, but you can certainly discriminate against low income, poor credit and/or poor life choices.       

I know there are plenty of bad locations in big cities but again, at my price point, I don't have as much choice as I would if I were at 1.5MM-2.0 MM.

@Gamaliel M.I think it's a smart way to get some scale.

Your choice. 

I’ve helped thousands of smart people with there accounts and love how much I have learned by helping others I also agree with @Dmitriy Fomichenko remarks and am not sure where the disconnect was with what you heard and what was said. 

I have worked with very good realtors.. and they always become investors and retire over the years.. smart ones !

A smart landlord would not want to defend the expenses in front of a judge. 

So I’ve finally made the choice that I will not be attending college and rather just work and save up for my first rental property.

Connecting with agents is a very smart prep for the move!