That strategy was even more useful when interest only loans were available so u minimized amortization but the next best thing is the 30 year fixed, especially with the lower rates today. 

Estimated new value from BOV – Greater than $5,000,000The property was built in 2005 with minimal deferred maintenance so going into the underwriting process I thought it would be a solid yield play that I might investigate further.

Minimal repairs needed, just some ugly carpet with hardwood floors conveniently underneath.

If you know what you're doing they are risk free and require minimal out-of-pocket capital. 

What’s the best way to structure a loan and purchase to minimize cost and tax liability?

If you have minimal experience, I would go with 4plexes.

It’s a very minimal fee to process the hearing and does not require a lawyer . 

@Omer ZulfiqarThere are lots of opportunities for those type loans from local banks and credit unions, lenders like @Jerry Padilla or portfolio lenders/brokers that don't require income verification and minimal documentation. 

Properties like this can be great cash flow performers over the long term, but appreciation could be minimal. 

.- Negotiate as many big ticket costs in at closing and make sure to get a home warranty to help minimize impact of big costs year 1- Know you’ll have to spend about $1.5K out of pocket for every property you are considering during due diligence (Home inspection, appraisal, sewage inspection).