One issue is that my regular job is only part time, and I earn about 12k per year, so conventional lending is difficult.So what would you do from this point to build long term wealth?

The proration only applies to an Involuntary reason for selling, prior to 2 years: health reasons, required job location change, and I believe other unforeseen circumstances that would have to be scrutinized.

It is 'preferred' in that in the even of bankruptcy or liquidation it takes priority over other regular owners.

I would find a mortgage broker that deals with investors, many of the 'regular" mortgage brokers just don't have the experience in dealing with multiple properties (which is why some will tell you that you can only have 4 conforming mortgages when you can actually have 10).

Having lived in Cheyenne for 14 years now and traveling to northern CO regularly, I see a huge difference in the vitality of both economies.

Groundwater at the rear of the house is leaking into the house on a regular basis nowadays.

Its a nice neighborhood, they built some of the homes in the late 60's, the street its on was a cul-de-sac and then they added another phase in the 90's and turned this street into a regular street, so most of the homes on the street are 90's homes and they're are pretty well kept.

@Joel Owens can confirm this as he does this regularly.

Risk would be high...Just one insurance claim in excess of a $5,000 deductible could sink your battleship if you do not keep cash reserves.You still need to pay for your own health insurance For every unit you own outright you get an additional $400 or so in income.

Fivverr.com is one I use regularly.