They also offer a small business plan if you need additional functionality for rentals. 

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.

To replace that much income will require lots of work or you will have to hire a full time team that will eat into your margins and will require management.

If you're confident in your comps, it may be worth discussing with the appraiser or lender to see if there's room to provide additional context or request a review. 

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

Reihub gives me everything I need to generate schedule E at year end.

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.