Not only the initial fees, but there are also liquidity requirements, i.e. $300k loan needs to show $15k liquid assets, and draws typically require you to pay contractors and obtain a lien release before you can be reimbursed for the money you paid contractor.While I know there are a lot of people who use low money down loans to get started, it is risky.  

However, these two types of investments are different and require different resources and timelines. 

The restrictions, requirements and timelines on these are very specific and one mistake can be very costly. 

In addition, committing ~ $200K requires some level of sophistication on the part of the investor and you are more likely to find someone to agree to your terms in smaller transaction sizes, but even that will be difficult. 

This requires a rental income that meets the following requirements (click to enlarge):Where to buy?

You will need to make sure you meet all the lender's requirements if you are planning to buy with a loan. 2.

This requires in demand tourist areas.

I am a Canadian looking for Loan Officer and Mortgage Brokers who specialize in helping Canadians and DSCR Loans.Looking to see-1) What's the minimum down payment required?

@Scott Tennell there might be two different definitions here to the PML term.So, if you mean you are reaching out to PML that lend money all the time and have experience doing it - then they will tell you what their requirements are.  

The implication is to lower rents requires reducing the cost of ownership.