For an FHA loan, you only need 3.5% down but if you're going to invest out of state, you won't be able to use an FHA loan unless you intend to move & live in the property. 20% down is required for a regular conventional loan.I started off as an out of state investor living in CA.

Please hire a cpa or even a regular tax service will do way better job than This scammers.

Best regards,Robert You got it, it's marketed as cash-only because you can't buy it with a regular mortgage.

Currently I have enough emergency savings I could go about 18 months unemployed so now my savings is just a regular savings because my emergency savings is solid.

Suppose you find that regular payments are advantageous for them (which is the case for most landlords with several properties).

Send a 3 day notice to vacate by certified and regular mail.   

There are a few Duluth or Superior based folks active in the forums with varying degrees of regularity.  

My wife and I invest in SFH and I have a regular W2 job.

The best way to get into real estate is by keeping your regular job and using that income for a down payment and to qualify for a mortgage.

There is a solution for Canadians, from NCH out of Nevada to use a regular corporation to hold limited partnerships.