@Ben LeybovichI think in the perfect world, new investors would spend enough time and energy learning how to analyze properties themselves, what the various calculations mean, etc.

They based their loan on ALL of the properties, if you reduce their collateral value, you worsen the position that they did the underwriting on.

It turns out that nothing is more of a waste of time, energy, and money than this, money that could have been spent elsewhere.

In the long-run this could reduce turn-over, maintence costs, vacancy and the need in the first place to have to offer $500 discount off the first month's rent.

I again state the problem is with the underwriting.  8.5% vacancy, pm 15%, 25% turn over (using my reduced numbers) or 37.5% using your actual, my minimum maint/cap ex would be 50%, prop tax, insurance, missed payment (seeing my vacancy only included the one month turn over), P&I?

Since your goal is lowering monthly payments for better cash flow, it might be worth focusing on reducing expenses elsewhere or exploring other investment strategies.

Many Realtors will suggest purchasing a property using a FHA Loan, to reduce your out of pocket money.

Credibility Package - $7,800 reduced to $5,800 if you sign up right away. 2 to 3-month payment plans available. 

Implementing water-saving initiatives is a smart way to reduce utility costs.

I thought people would just refinance their loan if they got it at a high interest rate, reducing the risk of jumping into the market at a bad cycle.