A bigger down payment can lower the amount of the principal and interest being paid, so that DSCR can be met more readily - but that might not make that rental more attractive to an investor who is looking to have as little into the property as possible.

the Cash on Cash return and the Debt Servicing Ratio are the main things I look at first. 

The main benefit of this is that you'll have a team leader sending you leads and (if they're a good team leader) teaching you how to convert.Lastly... once you're settled in at your brokerage, make sure to tell EVERYONE you know that you are Licensed Realtor!...

@Timothy Neafsey Is this the Livin' On Main Apartments? 

My focus will be mainly on tax liens and tax deeds.

I’m mainly going to do flips in Bryan/College Station and the northern parts of Houston.

I was just thinking mainly that I may be able to do my next rental deal quicker if I get a construction loan for a property that I already own.

The ROI can be very attractive if you live in an area with good production or high power costs.

@Steven Denio Construction fencing may scare off buyers (nobody wants to live next to a construction site) even if you can't reuse the poles it just takes a few cuts with wire cutters to take down the main fence part at which point it can be rolled up and used elsewhere.

@John Moon yeah, 2 main types of loans for what you described:Fannie Mae/Freddie Mac loans - these are "conforming, conventional" loans.