Purchased first property through conventional financing on May 1st, 2018.. had around 30k saved and was able to get a lower down payment since i'm living in one side (all you guys know this process i'm sure) 10k in savings now.

Lots of things can go wrong, and your lower income won’t give you much wiggle room.You can wait til you have 50k, but I think 30-35k is more manageable.

Could anybody please tell me if there are any other good options for foreigners to get lower downpayment and longer period?

If anything  it could pay your car note (if have one) each month (which lowers your monthly expenses).

Most of the homes in the MI/OP group are in very tough neighborhoods and much of the 46218 zip code are lower income/higher crime areas.

Clients have been able to significantly lower their living expenses by leaving their high-rent apartments for 2-4 unit properties in lower priced areas.There is some meat left on the bone depending on what your goals are.I'll shoot you a colleague request and maybe we can connect soon.Best of luck to you!

The market is up right now and any property sub $250k that is rehabbed is sold in days, which means investors are snatching up the lower cost un-repaired properties and flipping them quickly. 

Hey @Brock LarameeHave you considered living in the unit for a short time frame and then moving out and using the cash flow to rent somewhere more desirable.

To get a lower mortgage rate, LCNB requires to keep a checking account with them and then the payments must flow through that account.

The practical way to look at depreciation is that without it your current tax bill will be higher, and with depreciation your current tax bill will be lower.