https://www.oregon.gov/DOR/programs/businesses/Pages/corporate-activity-tax.aspx

There are grey areas here however, be aware of this item.With the recent no limit changes added to the VA loan for 2020, see again benefits.va.gov page for Loan Limits, it's a huge benefit to be using this program, especially to jump in to multifamily.

And for the older buildings, there is a citywide program that mandates repairs of any eyesores (eg, my old roof must be replaced by June). 

I was wondering if anyone knew of any program or grants to help fund low income Properties?

If you want to do a straight purchase into an LLC, you will need to go with a commercial product... there are programs out there that will do 80% LTV and decent rates. 

@AJ SmithFHA is a govt backed program intended to promote home ownership for lower income and people w/ bad credit.Pros: slightly lower down payment, can qualify with lower credit score, generally better ratesCons: PMI forever, longer closing (45 days usually), may require small things like a broken window to be fixed for the bank to move forward with the loanConventionalPros: PMI only until LTV reaches roughly 80% (I think it's 78%?)

There are many great programs out there.

It was good learning experience and hope this helps anyone who is thinking about doing a HELOC or other home equity programs.

I recently discovered the 80-10-10 What other programs are there?

Is there ways to help reduce those costs other than upgrading to energy efficient appliances in the future. i did see a mention of the Clean Reads program for water in the Cleveland area for more accurate measurements if anyone can help explain that a little more.