Has anyone had success  constructing a 4 unit with a low down payment loan?

I think your closing cost are way too low, probably be aroud $6k, and are repairs accurate? 

I also have ideas of building a town home or rental community but there is a lot of work needed with talking to the city, environmental study, financing, low income vs not, etc. 

With that being said, I want to give him an offer that wouldn't be too low because time isn't necessarily of an essence to him, but if i can give him a price that can compete with the leverage of having a cash offer.

Someone who is 60 and is married for 40 years, but still doesn't have a car and has to rent a low-rent unit, AND share a unit with other people (and they were the ones who got evicted, so the story goes) probably doesn't have a very good set of skills when it comes to managing money (or life, for that matter).

When i call back later, when im available, i always apologize and say i was doing a walk through or looking at another property lol @Nzinga Augustoi personally wouldnt do #1 or #2 for a couple reasons, Lets say you get a call at 830 Am and the VA sends you the info......you cant call until after 5 anyway.......same thing your voicemail would do...........also, i would keep your costs low until youre getting consistent deals.......just my opinion. 

Which is better if you want to use the low down payment method potentially repeatedly?

But, that sounds a high-risk low-reward behaviour.

I’m not an expert of the area by any means however I looked at several properties in the area and the two big takeaways for me we’re 1. the rents-to-purchase ratio are fairly low and 2. you’ll likely be dealing with large, older families.

Lenders are saying our income is too low.