You have to consider will it be a primary, Vacation home or investment.

You could use an FHA or conventional low down payment option since it will be your primary. 

I've just posted my first property (my former primary residence) on Facebook marketplace (thanks, Zillow, for being a jerk and locking my account for no reason).

I only mention this number because at $150k AGI, the active investor allowance enabling one to deduct $25k in losses from active income disappears, as I understand it.My current portfolio:Condo (purchased in 2021 w/ 5% down)Single Family (purchased in 2022 w/ 5% down)Multi-family primary residence (purchased in 2023 w/ 15% down)Above-garage apartment and detached ADU are rented out.

Many times a tax break is available for a primary residence often called a homestead exemption).

The unfortunate thing here is that investment properties foreclose at a higher rate than primary homes so many banks just don't want the exposure to this.

@Alana Walsh Can a Home Equity Investment be taken on a rental property or only a primary residence?

Trying to simplify while be efficient I currently only have 1 STR (studio attached to my primary) and I think this might be overkill to start. 

My strategy is to buy a value add primary and then rent out after a year. 

I’ve become good friends with my primary contractor during our 20 year relationship but we primarily stick to business.