We always recommend borrowers exhaust the opportunity to get the least expensive financing and then work their way into a commercial or business purpose loan.

Sewer is NOT a DIY in my opnion, doesnt seem hard, especially when digging with a backhoe or excavator, but that alone is exhausting, im beat and didnt acomplish much today, hole is probablly mostly dug.. guess we will see what plumber says tomorrow.. eh..

This thread is so exhausting.......

Originally posted by @Don Konipol:Its not simple and its not easy.Don, appreciate the exhaustive list of options.

@Miguel Romero  in my personal opinion its much like Dave Ramsey and your rainey day fund.rentals cost money to own..they do not always cash flow..buying them with no money down because you have no money is really not very good approach.Save your rainey day fund  ( IE your down payment and your capital reserves then go shopping) if its 100% leveraged you need money in the bank to withstand periods of vacancy and or bad tenant that does 5k worth of damage and you have to spend that before you can put unit back into service.

I'd primarily be interested in property where depreciation deductions have not been exhausted.

I've seen Amish tiny houses (or smaller houses) for extremely reasonable rates they are solidly build and looks like they could withstand just about anything.

And after your budget is exhausted your remaining bids would automatically be withdrawn.The tax lien jedi @Ned Carey once taught me that there are generally two types of tax lien investors:  people who want properties and people who want interest.

Details are anecdotal on what inspectors single out in certain areas (loose doorknob VS improperly pitched boiler exhaust haha) so it always comes with a grain of salt. 

@Marcus Huntz if you can only handle 'minor' unexpected expenses with 20% down, then you are best to only put down 3.5% so you can withstand 'major' unexpected expenses without losing your property, juuust in case ;)