The existing house will remain on the property.

I don't really have a exit strategy since I inherited the property, just want to make it a rental property, pay off the remaining debt and make it 100% cash flow.

Down payment assistance which is forgiven after five years as long as you remain in the state of Ohio.

I was afraid they would use it to possibly inflate their fee structure...basically "if he paid x amount before why can't we charge him x amount again or higher" maybe this irrational but I don't see how they could possibly benefit or approve my loan based on an old closing disclosure from another transaction. 

We just went through (I think we hit bottom, and have made the turn) the worst downturn in my lifetime (adjusted for inflation) and now look what just happened.

I've gone to their Q&A once, and will be going back again 4/5 as you have to return if you don't buy within 6 mos of attending.They offer approx 5 different options, they vary in terms of the downpayment offered and requirements with respect to your obligation to remaining as an owner occupied person.You MUST buy within the City of Atlanta, with some caveats which I don't recall fully.Ultimately, it's a legit program, however it takes time b/c of the demand for their services.

Essentially, you put 10% down and then take out a second mortgage for the remaining 10%.

A common con has been to borrow money against an inflated purchase price.Unless you are very knowledgeable about inspecting properties, a property inspection is almost always a good idea.

Try to pay down your property loans with any remains positive cash flow funds and hold off investing until the current cycle turns it into a buyer's market.You do not know how long the seller's market to change or if prices will come back down.  

All sellers care about is net to them, so asking for closing costs is not an issue, so long as the purchase price is inflated by the same amount to make up the difference to them.