@Marcos Carbi  If you want to allow a payment plan, Tell them this is the best I can do:Pay $xxx cash by tonight at 8pm for November's rent. and then beginning Monday Jan 20, pay $450 each Monday (in cash?

Can I find 15% down payment options do you think? 

Low or no down, seller financing and low or no interest with a balloon payment later is the holy grail (location, building condition, market also matter but it sounds like you have all that).

Payment TermsContract Value: $[Insert Amount].Deposit: $[Insert Amount] due before the commencement of work.Payment Schedule: Payments to be made as follows:[Milestone 1 and payment amount].

These are typically interest only and require a payment of 1-4 points up front depending on your area and the PML.

Because instead of collecting one rent check per month, you’re collecting multiple payments from different tenants.

I would strongly consider building equity to make a stronger down payment and further decrease your monthly cost. 

🏡 💰Is it the down payment, interest rates, or just feeling overwhelmed by the process?

As already mentioned, you could sell via seller financing to lower AGI, as all you would have to claim is the payment income - until balloon payment received.Did know an investor that had 14 properties paid off and he moved into one every two years to then sell with the $250k single exemption.

Our instincts are to eventually rent it and use the income for payment assistance on a new home mortgage.