Consider using an FHA loan to secure a 1–4 unit property with just 3.5% down and take advantage of tax benefits by living there for at least two years.

(The people running 500+ units or $100m syndications when the average BP listener (I assume) has 1-10 units and is worth $1-5M.).

We currently have six rental units (single and multi family) and one flip under our belt.

@Lionel Quiambao I find that the most basic speed offering works fine in my units.

I was able to turn my place into two units so no shared spaced helped a lot. 

Purchase price: $108,000Down Payment: $25,000Interest rate 11%Balloon: 36 monthsPrepayment Penalty: NoneProperty is in Mission TX it is 5 units, currently 4 of them are leased for a total of $1,550/month

Called a few Foremost agents in NYC and either no pickup or don't do over 3 units. :( :( 

Investment Info:Small multi-family (2-4 units) buy & hold investment in Cleveland.

In Jersey City, it doesn't kick-in until 4-units - so for the smaller multis or single-units it is not a problem.

If I divide this bill by four units, each tenant would pay $46.03.