Ravi, One of the staff in the NC Licensing board for general contractors said to give him an email:  Jason he can contact me via email. ryan cody at nclbgc dot org  (Bigger pockets won't let me post a helpful email address so just exchange the word at for @  Hope that helps Ravi!

PF or Branson would both be great choices.

You can put 20% down and avoid the mortgage insurance premium (mortgage insurance for conventional has MANY choices: lender paid with higher rate/ split/ monthly.... and so forth but it is much cheaper than FHA 1.75)Home Ready may have income limits and county limits FICO 620 minimumDifferences are: cost, can you qualify, how the individual regulates your inspections which is lender specific

In the future, we plan to be more conscious about cheap and affordable style choices.

Welcome to BP @Matt Ryan.

@Ryan Rotz Are you analyzing this purchase as an investment?

I think I probably could have gotten closer to 2k if I had marketed it more...BUT, I feel confident in my choice...I guess time will tell and i'll keep you posted on here. 

I am not suggesting you do it yourself but it will help you understand the choices and issues when meeting with your lawyer.

TX seems to be a logical choice if it allows non-resident to register.  

Are you self managing, as Ryan mentioned PM would be another 8-10% of gross rents.