Thank you so much for taking the time to read and respond to this post, and I look forward to networking with you all in the future.

Careful what you advertise. 

Look carefully at the source of jobs in the area, make sure you understand where the workers are driving.

There are plenty of deals but plenty of terrible ‘off-market deals’ too so be careful and become an expert or get someone on your team who is. 

Take Care,Brian Bohrer

The HOA can easily close your rental down without much notice so be careful there.

or am i reading this wrong?

I am in the process of exploring financing options for my first deal and I came across the idea of government down payment assistance grants.From what I read, these grants can be used to cover the down payment on a low money down loan such as FHA loan, which I was planning to utilize anyway since I will be an owner-occupant.Has anyone used this in the past?

I suggest reading the forums, blogs, webinars etc about it.Basically they are notes backed by real estate where the person stopped paying for one reason or another.

Check out similar listings in your area, see how they're doing, read reviews, and snoop around the pricing.