Quote from @Yousuf Kaleem: Walk-through inspection.

Focusing on multifamily properties for better income and cash flow potential makes sense, given the current market conditions. 

I'm currently going through many properties looking for the right deal.

Here, we were after an asset we could pay off quick & cash flow aggressively.

As long as you have positive cash flow on a rental property, there shouldn't be any fear in pulling out equity. 

Getting financials and all of the necessary documents took a lot of back and forth, and I noticed there were just a lot of issues at the property that slipped through the cracks.

So at the end of the day, you would just leave it as tenant responsibility and if the money stops flowing, then the tenant is still the responsible party.

Condos are another option in that price range but with condo fees can kill your cash flow. 

If you’re short on down payments, here are a few strategies to consider:Leverage Equity: If you own any properties with equity, consider tapping into that through a cash-out refinance or HELOC to fund your down payments.Seek Joint Ventures: Partner with other investors who can provide the down payment while you manage the property or contribute in other ways.Explore Creative Financing: Look into options like seller financing or lease options, which might require less upfront capital and can be structured to fit your needs.Consider Private/Hard Money Lenders: These lenders can offer flexible terms and quicker approval compared to traditional banks.

You are far more likely to find a mentor through in-person networking and building relationships.