Quote from @David Cherkowsky: Material Participation: Material participation is the key factor here.

Do you want to buy something more turn-key or are you open to some level of rehab (more than just new carpet and a coat of paint)?

Quote from @Deborah Wodell: I've noticed an increasing trend among investors looking for 100% financing or securing 90% financing and then seeking gap funding for down payments and closing costs.

The key IMO is to have great, hard-to-find houses.

There is a variable missing in your post that is the key to answering the question of which asset to leverage to purchase the asset you have in mind.

Any insights on suitable areas, zoning regulations, or market trends would be greatly appreciated!

—will be key to success!! 

Seems like a great strategy and I hope others keep up the trend!

The key is finding a reputable house-moving company in your area that can handle permits, utility disconnections, and logistics.

In particular, OO does not have vacancy or PM and typically has cheaper maintenance/cap ex than the landlord would experience.https://www.realtor.com/news/trends/its-now-officially-cheap...if you use realistic expenses, purchase at retail (off MLS) without a value add, you will have negative cash flow on virtually any purchase.