The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.

With an ARV of 250K, you'll be able to pull out 187,500 less additional closing costs for the cash out refi.

Additionally for hosts who opt for enhanced screening, the eviction rate is under 2%. 

@Yinna Wang Make sure whoever wrote the policy knows that one unit is being rented because there may be additional requirements.

If it is a market rate class A, B or even C properties, I would say that it (basic maintenance) is something the tenant should handle considering that for these properties the tenants likely have additional resources to handle small maintenance issues. 

The Philadelphia market could be a decent option for you, as with your liquidity, you could potentially get into a couple of cheap rentals to start building equity and get a little bit of additional income.

Thank you for this additional lead. 

Here are additional instructions for the form.How do I start a QOF and can an LLC be a QOF?

Aloha, In a market where the sale-to-list price is 97.9%, homes sold above list price is 18.7%, and homes with price drops is 51.4%, I’m exploring how to respectfully submit an offer with a 30% to 50% discount on the listing price.Beside from the following actions, are there any additional steps I can take to ensure my approach is considerate to both the seller and my agent?

I'm looking to connect with anyone who has experience with these types of loans in addition to anyone looking to build out their network as I am.I look forward to hearing from you all!