We were looking for affordable markets with opportunity and moved to Jacksonville FL. 

Finally, it was a price that I could afford. 

(Two: Just because you have the down payment for let's say, a quadruplex, that doesn't mean you'll be able to afford the monthly payment.

Any idea to get homes cheaper considering I can’t get more than $750 so buying brand new home may not be a good idea.How can I reduce eviction rate and bring tenants to pay by 5th of every month (I am thinking about selling the homes to residents and collect lot rent but most of the residents can’t afford to $12k outright for homes and I am not sure rent to own or owner financing is allowed for 28 homes by government).

You think they are going to entertain these questions from a rookie?

My biggest concern is with affording the down payment combined with any closing costs or fees that come along the way.I've been speaking to a few different loan officers, and the consensus seems to be that conventional loan programs for a duplex property type require at least 15% down. 

It just never made sense to me to spend money that wasn't mine for stuff that I couldn't afford. 

Second, they expect the new owner can better afford the hike.

Make sure you have this on the top of your checklist prior to doing the deal.Regarding property management: I confess that I don't know anyone who successfully hired a reliable and affordable property management company. 

They can tell you what you can afford (purchase price).