This lets you keep some money in reserve which is always a good idea.

My wife and I have purchased 4 new-build small multi'sin Edmonton (6-8units each).Financing Strategies: Firstrecommendation is talk to a good mortgage broker specializing in multifamilylending.

However, if you have strong financials and good credit, you may still find options.5.

Good luck to all of you.

I think now would be a good time for me to invest because I don't have any debt at the moment, a decent amount of money saved up, good credit score, and I have access to VA loan benefits where I could get a very low down payment.

Markets where you can go view properties in a day of driving or flying is a good place to start. 

If your location is good, then the place will rent for both long and short.

Anything similar to a NYC subway station at 100 degrees or in the tornado zone makes me question the requestor.But this is a good question.

Good on you for recognizing the minuses in this situation.

I welcome those with good intentions.