But still wants to tie up a seller at a low price.

Interest rate is low.

If 4 or less get yourself and FHA low with 3.75% down.Depending on what state you're in you might not necessarily need G (an attorney)H depends on if you intend to "house-hack", i.e. live in one of the units yourself. 

As an investor do you want a high or low housing affordability index in your market?

These low-value condos can be tough to sell and the reason these deals get broken like this is because the developer tries a sales strategy and fails, opting to just keep the rest. 

It's hard to find good managers for small properties as the barrier to market entry for said managers is very low.

If I remember correctly, median home prices are fairly low and population is decreasing.

They low-balled me and offered 25K.

"Medicaid is a program intended for those with low income" Medicaid is not intended for people with assets that can be used to take care of them in their declining years.

This way you could get into another house/duplex/triplex/fourplex for low money down (3.5-5% down), live there for a year, rinse and repeat.