Once you get the AZ answers you may want to work with a great lender to determine your purchasing power,  define your options on the other side of your equation, and vice-versus. 

Any home with a yard and a family they are eventually going to want something for kids to play on so you are going to have to define acceptable backyard uses on showing and in your lease. 

There are elements of termination scattered throughout the biggerpockets template that discuss tenant death or family violence, early termination fee of 1 months rent, but there isn't specifically a defined "adequate notice" defined in the lease.  

I guess depending on what your definition of "traditional" means but here's a quick summary for reference in what you are asking:Generally speaking there are 2 main types of loans for investors: “Conventional” and “Portfolio”Conventional - I'll define these as loans that come from Fannie Mae and Freddie Mac (if you recognize those names).

Now how and who defines that might be up for discussion. 

This home defines the statement "Real Estate investing is a MARATHON, not a sprint"On paper, some people would scoff at the low ROI but I know that over the next 20 years this will be a PASSIVE and fruitful investment.

Downpayment.I define "private lenders" as different than "hard money lenders" (which is a form of private lending). 

I agree with you, we are def. in a seller's market.

It could be your furnace is under-powered for the space.Confirm there's a problem, define the problem, then look for solutions.

You want defined, existing regulation, and you want to pay taxes to local municipalities.