Make sure you are clear on your objective so they are not showing you deals that are not worth looking at. 

@Matt Weddon, I try not to even think about those types of things UNLESS there is objective documentation or they admit to doing something specific.

Quote from @Victor Yang: If I gift a house, what amount will go towards the lifetime gift limit, the amount i purchased the house for, or the current FMV?

Meet with a local banker & schedule a time to talk with a mortgage broker, they'll give you at least a baseline of what kind of down payment options and rates are out there.After that, if you're still wanting to research more creative options, do some looking into seller financing (a very hot topic with good, and bad, advice out there), look into private lenders, and commercial financing options.If you're wanting to live in 1/4 of your quadplex, then conventional residential loans may in fact be your best option as you can purchase that with a fannie/freddy loan with very low down, and use up to 75% of the income from the property toward your own income. 

If I invested in FL, CA, AZ, NV, I'd probably have a different opinion, but warmer climate still doesn't mitigate the liability and maninenace objections.

Purchase price: $225,000 Cash invested: $56,000 Purchased 4-plex from a wholesaler.

Here’s how you could approach this:Set Clear Criteria: Use objective criteria (e.g., income, credit score, rental history) to evaluate applications in the order they are received.Notify Applicants: Let each applicant know you will process applications sequentially and explain your timeline for review.Act Promptly: If the first applicant meets your criteria, move forward with their application and provide them with a clear deadline to sign the lease and pay the deposit.Move to the Next: Only if the first applicant does not meet the criteria or declines the lease should you proceed to the next application.By focusing on one application at a time, you simplify the process, maintain transparency, and mitigate any potential fair housing concerns.Lastly, since housing laws can vary by location, double-check Arizona’s landlord-tenant regulations to ensure compliance with any local rules about how applications are handled.Best of luck with your rental process!

I expressed my objection to the rate.

I don't think I can ask the seller to evict prior to purchase, although that would be the best scenario.

With the increased competition, it’s crucial to prepare your property to stand out and work to address obvious buyer objections prior to going on market.