@Ed Gonzalez it’s best to put the least amount down provided the investment cash-flows with all expenses accounted for including Capex AND provided you have a healthy reserve account of at least 6 months worth of PITI payments but preferably a reserve account of $10k to ensure you can keep your property.

I do have a SEP that is pretty healthy for someone 32 years old.

You would then owe 160K on a 300K property still a healthy ratio.  

I have a rental property with a healthy amount of equity in it.

I am 20 years old and in a healthy position, no bills and nice savings to start with.

Also, this loan has limitations, which are that the property must be located in specific "healthy neighborhood- target blocks" .

If no significant damage and you have a healthy deposit more that one months rent like I get then I would just move, get rid of the rat problem and get the place rerented.

Thanks in advance for any advice you can provide and I hope you all have a happy, healthy and prosperous new year!

Thanks and I wish all a healthy, happy, and prosperous 2019.

They all wanted to see at least 3 years of consistent work experience, which I definitely had, a healthy debt to income ratio, and of course a good credit score.