I found out the hard-way my 1st year that 10s of thousands of dollars or all the time out of my life trying to save money and do it myself was not worth it to maybe get 1 deal trying to buy direct from owners.Best of luck to ya :)

At a high level, your cost of capital is excellent, contributing to a projected IRR of +26%, which accounts for the time value of money.

And you could theoretically rent one or more suites out (which will pay some or all of your monthly mortgage and expenses) while you fix up the other suite(s).

I think with proper education and guidance you’ll excel at a much faster rate and save a lot of money in the long run.

Purchase price: $190,580 Cash invested: $27,000 Bought a duplex in great condition in an excellent location for 10% down that now cashflows at a 35% cash-on-cash return!

My parents are interested in supporting me and they are at a stage where they have a comfortable amount of money, they have excellent credit and they have no plans of taking out a loan in their lifetime. 

More importantly, this could morph into a world where buyers have to pay some or all of their agent's commission, making it more expensive to purchase homes.

Once you narrow in on what you're looking for there are some excellent lenders through BP that could help you find some good options for loans.For instance, if you needed to put as low down as possible you could look into an owner-occupied loan like a FHA loan.   

The property makes excellent cash flow for both me and my partner!

@Colin Murphy - I've looked at your listings and have to say you have EXCELLENT taste in properties.