Very limited doesn't really convey it in venue sense, nearly non-existent is more accurate. 

Quote from @Paige Seeley: @Jay Hurst even with 20% down, what non conventional options are you talking about? 

Conventional loan, 20% down non-owner occupied.

Every bank at that time had way too many non-performing assets on its books.

I do however think as things clean up systematically, cashflow will improve and the benefits of low capX exposure in near term and appreciation will work out.

Mixed-use with some residential could also add diversification while keeping it simple.This current property is actually the storefront of a mix-use residential above, but no actual residential property for purchase.What’s the tenant mix like,Theee major ones: One restaurant, one non-profit gallery, one home goods,and how are you structuring financing?

So many "investors" bury themselves in complex, expensive situations to protect themselves from some unknown threat to their non-existent business.Figure out if you have any shooting skills (or even enjoy the game) before spending money on $600 Nikes or an indoor basketball court. 

Current individual stock portfolio (non-retirement accounts) with holdings that might be volatile in the next few years (big tech & big oil). $51k is about 17% of the portfolio and gains on the stock holdings are already 100-200% (long-term).

I also looked at non canal homes which were a bit cheaper and they can do similar to canal homes but cost less so end up with better profitability.

If one spouse stopped W2 work in October and qualifies for REPS, the depreciation becomes non-passive and can offset your $700K income, saving you significant taxes.