I get a little over 2.5k a month without even trying, all thru AirBNB. 

BiggerPockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.

My name is Tom, and I am an analyst and certified appraiser with TYA Group.I am currently looking to establish connections with wholesalers who operate in Cleveland and its suburban areas.My primary interest is in single-family homes and duplexes.

So, likely the HOA would not even collect any money unless the mortgage was small.

That might be garbage, sewer, or even water or electric.

I just started up with them, and I am wondering if I will make even one deal.  

I have picked up a curiosity and even passion for short-term rentals and hope to own my own STR property in the area of the University I am attending. 

What if you show low income on paper is there still limits, it seems almost as if someone making minimum wage or even no income could buy a million dollar property otherwise as long as it showed a net positive to their DTI?

To make matters even more interesting, this is my first investment property!

However if you want to generate more cash flow putting 15% down will help you because not only is it a lower montly payment but when you hit 20% equity they will remove your PMI.If you put down 5% I would stronly encourage you living in the Airbnb if possible and renting out the home so you can generate even more incomeIf you look at it like this it'll helpMonthly payment < Potential income + current rentIf you can move and reduce your cost of living that is always great at the bare minimum they should equal each other in my opinion because at least you'll have equity if the market you are choosing is a strong equity market.