The market changes quickly  (which can happen).But on a buy and hold, the downside - if it cash flows - is minimal. 

Very on top of things and minimize vacancies.

However the occurrence of a different Housing Authority is rare and the differences are very minimal, as such the fee structure, timelines and information in the FAQ are all basically the same.Q.

I am trying to minimize the cash that I spend myself. 

I’m currently active duty and want to get into real estate but my current schedule is pretty hectic and I would like to minimize the time I dedicate to a property (for the time being).

School district is obviously a huge differentiator in price and if you aren’t an amateur cartographer you will have a hard time navigating the city/town/village boundaries which can have minimal relation to the postal mailing city which has minimal relation to the school district. 

It depends on the goal and personal preference.If it's a house to live in and want to pay down debt as soon as possible, then 15 year makes sense.If it's an investment property and goal is to minimize ALL expenses as much as possible to get the best cash flow (just like running a business), then 30 year would be best.

Whether that matters to you or not is another issue.An S Corp is designed to minimize SE taxes based on "reasonable compensation", which will vary for each and every taxpayer. 

And for context, I'm in Virginia.I ended up just going without a lease, which probably isn't a good idea in theory - but the guy has been a close friend since grade school so I figured minimal risk.People kept telling me to find a lodger agreement, but I couldn't find a good template.

I did a few thousand of them for my clients. end of the day though its a max leverage minimal return game.. which if your up for that that's fine.. just make sure you have adequate reserves..