Theoretically a DSCR HELOC and DSCR multi family purchase could be coordinated with little to now hard capital out of pocket to the client as most lenders allow down payment funds from cash out against other properties.The mortgage market is extremely healthy and well capitalized for the moment.

Or young whippersnapper with healthy income. 

I've seen some pretty healthy asking prices for land where all entitlements were obtained & approved.Also, I do understand that there's a cost paid to the geotech, architect & city prior to approvals.But...

I've been able to get a healthy combination of both cashflow and appreciation from all my properties after a little TLC.

Surprisingly they have all gone up a healthy percentage since I bought.

A growing population indicates a healthy real estate market with potential for appreciation.2) Waterfront Properties: Cape Coral is a waterfront community with over 400 miles of navigable canals.

If it is, that is a healthy amount of income.Is she getting any social security?

Assuming the credit is healthy you may be able to go up to 85% loan to value. 

@Golan Corshidi if your W2 is providing a healthy surplus, you can be a bit more tolerant and "loose" a couple hundred bucks for a year one or two - if you are in a desirable neighborhood.1.)

It's your first property, you may hold it, you will probably sell it, find a healthy balance there.