Lock in a payment you are comfortable with and watch the value continue to grow.  

Also, contact a few realtors in your area and find one that you feel comfortable working with.

I think there will be a lot less anxiety if you're investing from a comfortable position. 

Honestly I really can't think of a different partner that would maximize both our strengths and keep us motivated along the way as well as my own wife. 

I can comfortably put down 10% at the most, but that would leave me little room in my savings for rehab or any other expenses. 

Start with someone who you’re comfortable with and will work with you and educate you - not just for this deal but to grow with you as you build your empire.

  #1 Give you a level of comfort that you are 100% qualified for the loan and that it will go thru

The reasoning is it maximizes cashflow which allows for a faster turn around to get into more properties!

In the worst case scenario with a ban, the property wouldn't cash flow that well (a few hundred negative).I am comfortable with that considering this scenario still cash flows better than most other housing arrangements I could afford in this market.

You'd want to be comfortable with how much you are putting aside for expenses before pulling all your money out of it...