@Hamza F. the loan amount can be a factor in regards to your rate. 

There are many other factors to consider- looks like you haven't factored in Vacancy, repairs, CapEx, Property Management fees (once you move out as primary residence- unless you're willing to manage it yourself) which eats into your overall cost of Investment/ownership- from the numbers you gave it seems like you'd be at a negative cash flow if you factor all these in.

NO Booze  just coffee and soft drinks but of course designer coffee we are in the Pac NW after all.it was a HUGE turn out over flowed the office LOL.but I did do it with another person.. he helped cordinate etc.. and I invited a few people that he thought were direct competitors of his and the next day this kid calls me and basically chews me out.. .. that was the end of that relationship and the last time i go to any meet up other than if I am invited to speak as a guest speaker..

Make sure you factor in the higher turn over costs (bed bugs, rehab, court fees, etc), vacancy and management, whether self managed or not, it will take more time and effort than normal and require a hard nosed manager to keep it running. 

I've talked to a few people about doing rentals and most of their responses are about the same "start of with a cheaper small house, rent it out and gradually work towards getting more lots and then work bigger towards dupleces and so on" I need direction for learning tools I really am starting fresh, I don't have knowledge really at all on market what factors that are in play when going to buy a house or renting it out or anything like that.

I will spend more time and money on the more "evergreen" amenities like linens, nice design, matching tableware, etc.

Could be a factor at play.

The bank designates the account as Deposit only and will not allow any withdraws.

It's a personal decision based on a lot of factors. if you purchase one rent-ready or cash flowing, you do so based strictly on your whatever your personal investing goal and style is.

My wife and I are very design and architecture minded. as for the heavy lifting?