Or lean into some sort of unfair advantage or relationship in one of those markets.Here's an anecdotal example...I own a rental in Sugar Land, TX (suburb of Houston) and even Sugar Land has a dozen little sub markets.

So that is more a way you can still lose the house, even though you thought you bought it.We have had an owner declare bankruptcy on the day of the sale, but the sale went through due to the late filing.  

During the recent period of low interest rates I acquired some rentals with a 15% down payment in order to stretch my cash further toward down payments on additional properties.This helped with the down payments and my math showed that even with a little higher interest rate compared with 20% down and the PMI until I was able to remove that this would still be the wiser choice. 

Do not even consider it if you don't have proof of rental payments for the past year via bank accounts.

That's pretty rare that it would come in under the current price, normally like Jack said, they will give you some type of rent increase, even if it's not the full amount you requested.But it's a completely different existential debate about Section 8 and whether they're really that much more high risk than traditional cash tenants.  

I feel that for a single person or a couple, this would not be a dealbreaker as one room could be used as the main bedroom and one as an office/personal space.

Even some home inspectors don't seem to realize this one.

Networking with local real estate agents, joining real estate investment groups, and even driving around neighborhoods looking for potential properties can help you get started.  

I think it's likely closer to $80-$100 per month if this is a single family. 

Besides, these determinations are almost certainly state-specific, possibly even county- or municipality- specific as you pointed out.In my home state of Texas, burdens are conveyed on the date of the tax auction, as far as I know.