Hey Brandon,I had good success by getting equity lines on properties to access the cash to invest again. 20% is certainly not essential if you want to go lower there are many lending options for lower down payments, especially if you are willing to house hack!

I would like this number to be lower since it's going to cost $120k up front for down payment and closing costs.

New resident in September for $95 lower rent.

Especially if you can refi down the road into a lower rate.

You may need to replace insulation, sheetrock, or even framing material.The only way I would touch it is to have a contractor give me an estimate for renovation, then lower the price far enough to handle that renovation.

This seems to follow the general overall trend of lower cost areas winning at the expense of those with a high costs of living.

Lower your offer price and move on.  

This means we have to get creative with the design: lower-cost tiles, white shaker cabinetry, and sometimes carpet in the bedrooms and basement. 

If your property is the only one without a driveway, then yes, it may lower your ARV.One of the properties I own has a neighboring property that is the only property in the area without a backyard and without a driveway, and it is fairly lower than all the neighboring properties, although it is nearly identical in structure.

Each of your homes will start at a lower cost basis and you will get slightly less depreciation each year to offset but you have spread that depreciation over multiple properties so now selling any one property will result in less impact on taxes than just selling your first without a 1031.