Basically, 25% down plus 6 months in reserves and then another pot of money so you don't toss all of your savings into a new investment.If you are planning on house hacking, you can cut the downpayment percentage way down.

@Malcom FlenouryDepends on what you're planning to do from REI standpoint.

They can provide local market knowledge, help you find investment properties, and manage them on your behalf.Financial Planning: Before making any investments, make sure you have a solid financial plan in place.

What is your plan? 

I have some thoughts to your question:1) Maintenance service plans (requires agreement with preferred vendor, or if you have maintenance staff, through your company)2) Landlord liability insurance through third-party insurance providers (note: this is in addition to a Dwelling Policy, which the owner should already have)3) Lawn maintenance service programs (requires agreement with a vendor for agreed-upon pricing, or if you have lawn staff to provide this service, through your company)4) Fee in lieu of security deposit (requires agreement with insurance company that provides this service)5) Increased inspection options (e.g.

For example Im currently in the market for a financing partner and Im only planning on giving out 25% for allowing them to be involved.

Quote from @Austin Prewett: The land comes with the house, so you're looking at the value of the entire property.The only reason to consider the land separately is if you plan to tear down and build on the land, but even then you are considering what the final value will be with a home built on it.

I'm excited to dive into the others next, including "Set for Life" you suggested.I'm particularly intrigued by the house hacking strategy and plan to explore that further.

I've talked with far too many "investors" who were encouraged to "jump in" to investing without any knowledge or plan on how to monetize it.

We are nearing 50 years old and have kids that'll be going to college in 5-10 years, so it's hard to commit to a 30 year plan that locks up funds without having someone to help crunch the numbers for us.