(does it make sense to move into the property to lower rents and downpayment), and are you willing to live in the neighborhood you purchase in?

However, in civil courts the burden is much lower than criminal.

That Section 8 estimate was lower than the section 8 website stated, but I am intending on contacting the housing authority to verify what the landlord regulations and what they would be willing to pay for said home in the area. his original asking price was $35k, I've slowly worked him down to this point. upon more investigating it looks like the median home price for the area is around $40k, so I am wary about repairs. 

A proper tax strategy session can accelerate a lot of that and lower your income in the early years.

I would hate to do all the leg work for my competition and have someone step in five minutes after it's rezoned and cut me out of the deal.

Thanks @Chris Mason would the rate be lower if there was no cashout component?

@Michael Le Don't think the market is big enough, less capital appreciation potential (compared to other options), renovated rent premium being lower than other markets. 

Some people don’t mean a lower cap as the investment is usually the safest and the stock market return is lower.

[Yes, some Lenders go to 75% for investments, but, might their appraisals be lower?]

I know FHA has a much lower downpayment than a typical loan but that comes with some guidelines.