Condo's notoriously are the slowest to go up in boom markets, and quickest to decline in recessionary markets.

Seems like San Antonio is notorious for foundation issues.

You said Condotel which are notoriously hard to get financed unless they offer in house.

Some county records are notoriously slow to update. 

Condo associations here are notorious for outrageous pricing and control.

Also, you mentioned multifam in a less desirable area--not only would the lower grade area inhibit appreciation, but it being a multifam would also likely slow appreciation (single fam properties tend to appreciate better) Moreover, properties in C and D areas are notorious headaches, and are very difficult to manage (even for experienced pros)--since you're starting out, it's probably a good idea to start with the easier of the strategies (which is a property in an A or B area).I am a huge proponent of house hacks (whether you do a live-in rehab or not).

You could get up to 30 years in prison and a $1,000,000.00 fine. 

For example, if they are a sex offender or they just got out of prison two weeks ago for murder, that would be an automatic denial.

The reason I am asking is because the "Due on Sale Cl" is a notorious thing to discuss.

Listing agents are notorious for leaving out big expenses like property management, utilities, repairs, vacancy, etc. when advertising a property.A well-managed property typically operates a little below 50% expenses.