I know the entry point is low but is the cashflow there?

Additionally, the repeated price reductions might signal broader investor hesitation, hidden repair needs, or structural issues.

I'm biased towards Milwaukee and Madison because I live here but these cities have great rental markets as well, if you're willing to consider Wisconsin I'd recommend you look at Waukesha, WI - in between Milwaukee and Madison, low crime, and great occupancy rates.First, I'd visit some of these markets to see where you'd like to live.

Have seen some price reductions from asking rents or higher priced segment of the market. 

Start with your primary, rent out any spare bedrooms "house hack"Use that to practice upgrades, kitchen, bathroom, curb appeal... etcNow you have experience as a landlord and flipper, use that to buy a distressed propertyAdd 40% equity to the property through home makeover, refinance into a low cost mortgageNow you are cashflowing a healthy margin on a second property, use that to build equity over time, cashout later and buy your duplex/quad.If it's going to take you 10 years to save up a down payment for a small apartment building, yeah it makes more sense to start growing your portfolio with cheap SFR flips instead.Every market is different, every borrower is different, every property is different, it would be ill-advised to recommend anything without recognizing the individual's nuanced goals and objectives with their next acquisition.

FHA can be a great option for financing too, because of the low down payment (3.5%) and potentially more favorable interest rate terms.

Focus on building strong business credit through timely payments, low debt levels, and solid financial records, which carry more weight than the name alone in establishing creditworthiness.This post does not create a CPA-Client relationship.

I’m struggling to find ways to find low money down with average interest rates to purchase the rental home.

The moral of the story here is that vacancy is so low right now, especially in Tampa, that it is very difficult to get flexibility with your lease.

Do not mistake low cost for low risk.