I'd much prefer to put $60K on a down payment and closing costs so I have $50K to fix it up.So a couple of questions: 1) Am I mistaken in thinking those kind of lower down payment products are out there for regular folks like us? 

I can refer you to ones I use for my units.

I’m in northern New Hampshire where we regularly get to -20 degrees during January and February.

@Luís FerreiraThank you for the references.

Anyway back to regularly scheduled program !!   

HELOANThis takes second position and is a closed end loan, meaning it's given as a lump sum similarly to a "regular" mortgage.

By the time you add in the $120/month for their regular fee - they would make $2,640 in a year with 1 tenant placement.

I think you are referring to Jorge from AHP. 

That's not what I am referring to.

Here's my slidedeck on MTRs which is basically what you're referring too.