Conventional you can do as low as 5% down but thats only for 1 unit property 2-4 unit properties will require any where from 15-25% down payment.FHA will allow you to purchase with 3.5% on 1-4 units however FHA has its own hurdles when you get to 3-4 units (these dont apply to 1-2 units) there is a rule called the SS or self sufficiency rule which requires 75% of gross rental income of all units to be > the monthly PITI in order to qualify.

We have an opportunity to buy a nice property in Georgia, but are told it's an "estate sale", with special rules. 

I just edited my rules and regulations so that the next tenant lease will include this feature.

It doesn't fit a lot of great rules I've learned recently from religiously listening to the BiggerPockets Podcast. 

The agent can:-Lose their access to MLS as this is a violation of the rules-The agent is responsible for all of your real estate activities so when you get sued so do they

I want to explore the opportunity to add additional square footage in the form of a room and/or bathroom, if possible.What are some thumb rules or guidelines to identify the feasibility of a adding a room and even a bathroom.. please advise. 

@Lue Brooks nice goal of starting with being active in the forums, reaching out to others here etc.As a matter of fact, as a fellow newbie I made a similar commitment, but since I had just read the book '10x rule' by Grant Cardone at the time, I decided to try to 10x my posts of that time (I was at 50 posts then) to 500.

There's no hard and fast rule for how long you need to hold a prop before you 1031, but most people use the one-year-and-one-day rule to minimize IRS scrutiny.There are rules and timelines to adhere to, yet another reason a QI is so crucial.

Also, if I were a tenant in a building where I had to pass a rigorous screening, with the peace of mind knowing that all my neighbors did too, and suddenly the rules were changed and my neighbor ended up being a convicted felon of a violent crime, I would be up in arms.  

@Michael ForbesIf you are not aware yet, a Roth IRA can be invested in real estate and may be a good way to continue to grow your Roth IRA tax-free funds.The rules require Roth IRA assets to be distributed in the following order: regular contributions, conversions and retirement plan rollovers, and earnings (IRC Sec. 408A(d)(4) and Treas.