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.

All have proved helpful but still feel like I need some additional support.

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

@Caiden Mooney, if you are going to rent the property to third parties you may also be able to use a self-directed IRA to fund.

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. 

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?

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.