That’s why you get a discounted interest rate and a lower downpayment, because owne occupant properties are low risk. 

The low purchase price was a big part of it.

If it discharges 5 foot from the building and there is a low spot running back to the building, then it is going down hill back to the building.

Originally posted for 100k over what the purchase price was I submitted an low offer and received a counter.

Right now, you have a property with a great equity position, solid cash flow, and cheap debt (interest rate is low). 

. - Once an owner knows what materials are being used, they can then check pricing at Home Depot, Lowe's, etc. - Some materials for bigger jobs, like concrete, are harder to check pricing on.

What they will offer you is an appliance package, or closing cost help, or a low fixed rate loan. 

I don't do app development but I was told for most sites and businesses it's a lot of work for low payback.

I have a very low risk tolerance for stock and many other market driven vehicles. 

@James Tobin  yes FHA will be a very low downpayment option for you.