From my experience working with over 400 investors, financing your first deal with minimal out-of-pocket expenses is entirely possible, you just need the right strategy.

If I have a garden unit in a Zone X (non-flood zone) that experiences some hydrostatic pressure seepage on those huge rain events, does this qualify as flooding?

Now we're seeing investors pouring money into buying Class C rentals - but, many are getting burned.In our experience & opinion, the main determinant of property Class is not location or even property condition, those are #2 and #3.

If you provide more specific detail, and ask more specific questions, we will be able to provide answers in line with our knowledge/experience.  

The best way to get experience is to do the thing.

With your equity and experience, you could find solid 10-40 unit buildings that align with your goals.

Any insights/people with experience in this market who can chime in?

Quote from @Shaun Ortiz: Hi Jason,Thanks for sharing your journey—it sounds like you’ve gained some invaluable insights from your experiences, even with the squirrel tenants (that’s definitely a story!).

How has your experience been like? 

But, you already know that having property management experience.