I was under the impression there are a lot of ways to purchase a home without 20% down.I'm also concerned with wasting time at a local big bank to get rejected.

I'm wondering if right off the bat, I should stay away from big banks like Wells Fargo (my primary bank) and not waste my time. 

@Jaron Walling Cash flow should be $400-$450 a month at $1800 per month assuming a 30 year loan at around $180k.

Sounds like he was trained by Wall Street.  

Also, never feel your education would be a waste if you don't end up with a career in your area of study.

Be prepared to "waste" a lot of paper towels doing this, an irresponsible amount. 100% silicone caulk is extremely sticky and slimy, and you have to keep your finger clean as you work.

I am building a house in summit county on almost an acre, so in addition to the home being built we will need to excavate and all the other details to get the foundation in, septic, driveway, retaining wall, etc.

Waste is a terrible thing to mind"Must have missed the " REI reality show" on How to Haul your MaterialsThen again, maybe they didn't?!

"At least 50% of the required height of such room shall be above grade at walls which have required windows."

But that's a different subject.I would not waste your time on SFR.