Can anyone shed some light on what kind of down payment, terms and qualification requirements we would typically be looking at for an SBA or low down commercial loan?

Quote from @Patricia Steiner: There are several lenders who offer low/no closing cost options for first time homebuyers.

You might choose not to renew leases, make improvements, and then raise rents after taking over.

The vacation homes offered a low 10% down so that was helpful.

I am generally curious as to why you would choose to do this? 

Based on my calculations, even with a low down payment, I can achieve positive cash flow (with aggressive enough house hacking).

Add those people in by using County or Schoolarea population.Example:Town1:#ofunits/headcount= 300 units in the area/ population 3,000= 10 unitsper 100 people.Town2:5004,000= 12.5 per 100Town3:andso on.Doevery stand alone town in a 60 mile radius, or until your satisfied.You will get a High, Low and a average.

:We use the cheapest ones that they provide at Lowe's, our handyman installs.

If they don't contact us within 10 days, we can change the locks and take possession.And, of course, if you choose you can file for collections on them.

Hi @Akintunde AboabaIf you want to reduce your risk of difficult tenants, choose a province with fair landlord-tenant laws, like Alberta, and not BC.