Also talk to a lawyer about how long a respected boundary becomes a true boundary.

I am not sure if this is true, but it sounds like a huge barrier if it is.

@Wayne Clark it's very difficult to purchase something using conventional financing and have it be a "true" BRRRR where you get all your capital back out.  

True passive income is SOOOO much more important that active income.

Its true.

As you can imagine, this is completely devastating, and something - if true - I wish I had known about earlier. 

What everyone is saying above about buying in a flood zone is true, if the property is on a slab.

But, it's also true that every property will have a number that makes it a deal that works!

I plugged all the numbers into the Rental Property analyzer calculator, as modest as possible trying to determine what my unit would cost me after subtracting all other expansive, for example, 5% on Maintenance, vacancy, capital ex, and 11% management fees. that number is roughly $900 a month or $10,800 yearly that I would be responsible for. both scenarios look like this  A) Primary Resident: 69k (10% down + closing) +10,800 = 80k the first year VsB) Investment Property: 159k (25% down +closing) - $4704 ( $392 monthly cash flow) = $154,296 first year I feel that option A is the better option in year 1, but I can not figure out a true representation moving forward after the house hack is done and I replace myself with a tenet?

To have it in my name would be a dream come true for my younger self!