Just be sure to clarify that she isn’t a leaseholder but is authorized to reside in the unit.If you’re concerned about liability or want more peace of mind, you could ask the primary applicant for additional security, such as a higher deposit, depending on what’s allowed under Colorado law. 

Depending on the state, up to 80% LTV is possible.

Sometimes they forget to tell you that many tenants in Detroit don't pay (depending on the property manager skill and the type of tenant) - but taxes are very high in the city and so is insurance. 

@Stefano Vrolijk it all depends on your credit history, whether you have an SSN/ ITIN and how much you can put down.

Make sense with our need for inventory nationally, but this is also very market dependent.     

There's many more out there depending on what section you want to get into.

I  Income:  The amount of property you can buy will be dependent on your Debt to Income ratio.  

It depends. all you talked about was the property but financing is more about the borrower, their experience, their credit, the cash available etc.

Depends on what your goals are. 1-4 units are still residential, so it doesn't really matter how you start.

So depending on if you are using it personally and want to have it pay for itself or you just want cash flow will help determine where you should look and what type/size home you want to consider.Please reach out anytime and let me know if I can be of help.