One way around the 20% down is to buy a house you will live in and rent out the other part (think duplex, triplex, etc).  

Even if you think it will magically be worth $120k after the $20k roof, that just makes it an even worse return on your money.

Curious if there are whispers (or shouts) in Columbus about the same I go to city council meetings almost every Monday and they are extremely developer friendly and new construction friendly. while there is pressure, I don't think it will ever happen. columbus wants to see economic development and would not place legislation that would restrict the free market in my opinion. right now they are doing the opposite and redoing there zoning codes to allow for higher density and higher height as well as parking reductions. just google "zone in" columbus and you'll see. there's a lot of articles about it. 

I live far away from this house, thinking about getting a property manager.

I think I pay ~$10 month. 

I think my previous comment got deleted - we work on this!

Not for the faint of hear, but if you think you have it bad or are searching for meaning in an otherwise good life, this will put you in your place.

I read their cc&r and the only thing I found that relates to rentals is a line that reads “Property shall be used for residential purposes only”But I’ve reached out to the hoa and was told “Our HOA regulations say single family home which means No vrbo or short term rentals.”I’m getting confused since I’m fairly certain that single family home doesn’t mean what they think it means.

I am thinking about it for a Chicago investment condo.

So, my accounts are not allocated to specific properties but to a specific purpose.I think of my properties as a whole.