Hello Solomon,A few tips I have for you would be to first; Analyze Deals Properly – Use the 1% rule (monthly rent ≥ 1% of purchase price) and calculate cap rate, cash flow, and ROI before buying. 

This is what the assessed tax value will reset to after you purchase.  

@Olecia Williams Though it's still possible to purchase a second/vacation home with only 10% down, it may not be your best option. 

You can purchase 3x6 subway tile for under $2/ft.

If you can show that the numbers work, you can get 100% of the purchase and rehab covered.The key is finding lenders who work with new investors.2.Partnering with Experienced Investors– If you don’t have capital, you can offer your time, effort, and hustle in exchange for a piece of the deal.

If you are going to purchase real estate in an LLC or any entity for that matter, I recommend titling the real estate correctly from day one.

@Frankie Lotrec if you have an existing loan on the property and you plan to legally convert from a 4 unit to 5 unit , you should check the loan documents because you’d essentially be converting it to a commercial property, since 5+ units is considered commercial and subject to different appraisal approaches and so it would rule out the property being considered for purchasers utilizing residential financing.  

I wonder if building condos that are more affordable for people to purchase could be good.

Purchase Price & Seller Financing TermsYour neighbor wants $200K, but the current value of the home is closer to $160K-$170K.

it allows you to own an investment property that you purchase with financing options only available to owner occupants.