It is possible to find a bank that doesn't care but you will have to do some scoting. 20% down for an investment property would be a dream, most lenders want at least 25% down, some even 30%.As for you rent is that what market rates are in the area you're looking at buying in?

I work full time in health care where i want to start building other forms of cash flow.

What are some tips/systems/advice you would give or wish you would have known about being a first time landlord and landlord info from a distance?

If not, take care of that first.

Any tips, suggestions and referrals to REIs who have a good understanding of MFD market in Union County , NJ, as well as property managers, would be appreciated.

They are an elderly couple whom have resident status in another state and are looking to sell due to the failing health of the husband.

Hey everyone! I'm so new to this its not even funny. I'm 20 years old and I've been interested in the real estate business for a good while now. I'm particularly interested in renovating and doing quick flips. I also ...

But, be careful in your assumptions, you can't expect others to be your clone or be in line with your personal views, it's a business and you're dealing with the public. 

I wasn't sure the HOA would care however as they may say "why should we care about the opinion of people not part of our community?"

The listing agent doesn't really care, they do this all day long.