My goal is to start with a long term rental in the Frederick, Maryland area.

Thank you for your response and opinion, My goal is to do a JV pretty much, where 2 of my partners will be funding partners and I will be on a fund managing role. 

In Franklinton there are plenty of large projects going on that will bring massive growth to the west side of Columbus, such as the Peninsula Development, which is a multiphase project that will erect a 24 story apartment complex featuring a grocery store, a multi use office space building, and a new hotel featuring a two-story Pins Mechanical venue.

Longert term goal is to purchase larger apartment complexes.  

Since this project affects multiple properties Septic is about 25% of plumbing in the USA.

You could qualify off AirDNA projections with 20% down, which is $36,600 down given the $183k sale price

It makes things more affordable now, with the goal being to hopefully refinance in a year or two.  

It's crucial at the beginning to identify your financial goals as well as the amount of risk you are willing to undertake then come up with a plan that is in line with them.

Learning to make decisions first and foremost based on what is going to help me meet my (clear, written) business goals.

My main goal right now is to get positive cash flow along with standard property appreciation (~3% like rest of the US).ThanksJai