So could you take out the $50 you need in a term loan and also open a LOC large enough to cover any issues that arise?

@Brandon Eike, on an investment property, most lenders will max out their loan at 75% LTV, which doesn't cover transaction costs, which are usually 5%-8% of the purchase price.

Those lenders that can do construction loans or commercial fundings.

However if you do not want to live next to your tenants and run the risk of being in an uncomfortable situation, you may put a small amount of money down with the right loan structure. 

Resources used in education on DSCR:https://www.biggerpockets.com/blog/dscr-loans-what-are-theyhttps://www.biggerpockets.com/blog/dscr-loans-terms-to-knowhttps://www.biggerpockets.com/blog/brrrr-loans-what-are-the-options-and-how-do-dscr-loans-stack-uphttps://www.biggerpockets.com/blog/eight-questions-and-answers-to-dcsr-loans?

Fix-and-flip projects can yield quick returns but require experience, while house hacking with FHA or conventional loans is a great way to get started.

I've seen where people add so many loan extensions with optional payment.Say 1k gives you a 1 or 2 year extension and this can be done 4 or so times.This agreement could be changed so many ways to make it work.You could offer a higher interest rate after 7 years to extend to 15 years.

Assuming you have a loan on that property you co-own, you'll need to "extract" that equity somehow and convert it to cash to be able to use it on another property. 

VA loan.  

The price was 500k and we used a DSCR loan for the purchase.