Maintenance, CapEx, management, etc will more than eat up the $400 you are left with after PITI.

Plenty of people here mention other people's money but every time I look it up it seems as though I only find hard money and private lenders which have interest rates that would eat up my rental profits. 

So Im am going to eat up all this info , learn as much as i can and hit up the forums for questions and answers!

I'll eat the $3 for that sort of convenience and service.

Things can go sideways and require cash and holding costs on an overrun schedule can eat up 1000 quickly.If you did, what is the build cost per square foot in your area, does it make sense to build a 350k house that will cost you 330k and 10k to split the lot and rearrange financing?

Fixed costs such as closing costs can quickly eat up your profit.

Listening to a lot of BP Podcasts, they tend to advise to stay away from investment properties with HOAs, since as you outlined, they eat up your profits. 

This could eat some of the revenue and slow growth.

@Andre Blanchet I was just down by you in Nazareth eating dinner at Rios.

I think you've pretty much nailed it here- you're no doubt making a bigger deal of it than you need to, and almost everyone has an element of fear -- conscious or otherwise -- holding them back.