:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

The bank will want you to be working for a certain amount of time and that have certain credit score plus have your financial ratios match what they want. 

Event with all that the sale prices have been over the list price on average close to 1.5% over, which would seem a bit counter.If rates end up dropping a decent amount at all the prices could rocket even with inventory growing again. 

It is absolutely possible to not have your own money in if you have a proven record or can some other way prove that you can make your money partner an amount that is worth their risk.

Also, in a mainstream asset class like value-added multifamily, I see no reason to take a risk on a sponsor that doesn't have full real estate cycle experience or that lost anything more than a small amount of money (and prefer no money lost).

Depeding on the amount get a credit card that has no interest for 12-18 months. 

A good example to reduce your potential costs without raising rents is to have the tenant agree to handle all repairs under a certain amount.

Investing relatively small amounts into many different funds, notes, syndications, etc and having a chunk of your capital grow that way.

I have saved up 10k and plan to keep saving but I was wondering if there are ways that anyone has used this amount of money to get started in real estate?

:I have a small amount (to me) in it.