It's like following the kid to into the prom that carries a slide ruler, you may not get to dance for most of the songs. :)

Now if you had a workers comp policy, then you would end up covering any worker you hire; a year end audit would uncover that you had employed workers who did not carry their own coverage and so you would be paying additional premiums for the time (and tasks) that they worked for you!  

Quandra Adams If it is a contract for deed you can get away with less down payment but if you are looking for the owner to carry the note then I agree you would need something like 10% down.Where are you looking and what price range ?

Why should your other tennats be expected to carry their dead weight. 

@Ben WinchesterYa got a permit to carry with that name ::))

The Seller carry will need to make up the difference between the buyers capital downpayment and the lenders required downpayment e.g. 20, 30, 40%, etc.

@Neil Schoepp I assume the blog was hinting at the idea that someone who does not have their own finances in order cannot invest, effectively.If you a uncertain about your own financial habits (carry credit card debt, other loans, bad spending habits), then I would recommend getting those sorted out, in order to make sure that any money you make in real estate isn't just falling into the abyss.

But I don't want to carry two policies, or is that the only way? 

Sub-prime lending carries a higher interest rate due to risks assumed being greater than that with conventional borrowers, "interest is a function of risk" and legally justified.Commercial lending or we might say non-consumer lending, carries less justifications of what might be charged since the borrowers are assumed to be in business for a profit.

Carrying a high balance on your credit cards will definitely hurt your credit slightly.I suggest paying them off if you can.