Great question - 20% down is the typical down payment for investment properties, regardless if it's a single family, duplex, tri or quad.We have a 15% down option for the same type of loan.

What made you interested in investing in this type of deal?

I was wondering if anyone had ideas on how I might be able to attract more tenants who are okay with having this type of policy as I know it might be a bit of a niche market, but I'd love to hear any suggestions.

I have learned over many years of investing and working with many different types of investors, that there are many different types of Quality Deals, and they are not that same for every investor. 

Thankfully, int What made you interested in investing in this type of deal?

My wife (she picks all our STR stays) would not rent a STR in that type of area in any City but we are not everyone so take that with a grain of salt.

I agree with where Nicholas is going, first, if it's feasible I'd recommend house hacking some type of multi family or even a single family that's local to you. 

I’m looking for insights on how to put together a deal with the following details:Asking Price: $260KMarket Value: ~ $265KProperty Details: 3 bed / 2 bath / 1,400 sq. ft.Days on Market: ~100Loan Type: VA Loan (Attempting a VA Loan Assumption)Mortgage Balance: $200KThe ChallengeThe seller is behind on mortgage payments, and while I don’t have an exact amount, the agent mentioned it’s over $20K.

I don't have any brand preferences personally (I use Fantasy Spas at most of my units but I'm sure there are alot of reputable options), but just make sure wherever you place it is built to handle that type of weight.

Thank you for taking the time to type all of this out and break it down for me.