Go ahead and blow some money and your credit buying a property you've never seen in a market you know nothing about.

I could end up with a low interest rate for every property I acquire.

As I said, I recognize that my concerns are quite common and that Bigger Pockets offers many solutions to investing with low capital.

I understand it can be very difficult to get a mortgage for that low, i was wondering if anyone in here can help me out!

The point of house hacking is low down payment.If you have the financial means, buying a fixer condo will go far.

@James BingNetworking at the local RIEAs and Facebook groups.There are a few power players in the area, deals flow has been low these days, and lots of non deals being floated about.Generally here is how the priority list goes and its based on ROI:1.

Plus I use them to run the background and credit check as well. 

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

The purchase price is very low, because it is currently an emty industrial building zoned single family, so it cannot be used as designed.

Make sure it goes on their credit report.