I believe that I will still have good cash flow if renting the garden unit for $750, but I don't want to miss out on getting potentially higher rent. 

I don't know the area but $1,700 a month for a $125k house seems off, and if you are in PA I believe that your property taxes are fairly high 2%+Also expect to pay points either way with a HML or conventional lender, the interest rate for conventional will be significantly lower.

Yes I corrected it lol, I believe I was typing to fast. 

I looked at the place and believe that I can sublet it for $700, creating a  $40 cash flow with no money down (so technically infinite returns).

Hey @Wesley A Sanderson,I believe that as long as the numbers work where your expenses are less than your income, it doesn't matter where you start and you might not get a huge turnover rate in Kansas for vacation rentals.

I believe I can significantly beat the market, private money lending, and other rates of return with the deal I am chasing. 

I believe it would be a good idea to use hard money as a new investor depending on the deal.

I believe I was able to "win" the bidding war for a few reasons:- I had pre-approval of funds ready to go- I pulled the trigger ASAP when I realized it was a deal worth pursuing- I submitted an offer with an Escalation Clause- I submitted my offer with a nice personal touch that was tailored towards the sellerBest of luck!

I believe, Vista limits the size to 850 sqft "or" not more than 1/2 the size of primary home.   

I'm persistent, diligent and believe in going for it.