You should be able to get 20% down on 1-4 units not 30%, which would stretch your dollar further as far as purchasing power but the leverage will lower your cash flow.

I just contacted a RE agent whose information was on a foreclosed property that I've been trying to purchase for over a year.

If there’s an escrow account created with the initial home purchase, do you create a second account when you rent the home out?

I purchased the course for myself and have no affiliation with them.

Hi this is asked quite often in here so I recommend you search for some additional info.Long story short...I recommend financing in your own personal name if you qualify for the purchase you are trying to make. 

Build a home and then purchase that product with a personal conventional or FHA loan? 

If you go this route, I recommend finding a good deal and the lender could possibly fund 90% of the purchase price and 100% of the rehab depending on your FICO and experience.

You can do a delayed purchase without any seasoning requirements.

Note: -the properties are located in California, Nevada, Arizona, and Connecticut-the properties are all financed under conventional loans-most of the loans are purchased as rentals, two are purchased as primaries. 

If the buyer that purchased your condo purchased it as an RE investment I question his intelligence.