All the gurus & mentors tell you that you can do real estate with no money or credit, except, of course, for the money you have to pay them to learn plenty you could easily find for free online or just thru the School of Hard Knocks. 

If you are 1 BR competing against hotels/motels it will affect your rates. 

Down payments are still standard for FHA or conventional (3.5% of the total cost, purchase+construction) and rates are on par with standard FHA rates. 

Take Home Pay:  Approx $105K/YearMoving to Colorado in the next 6-9 months Living with a friend for extreme discounted rate Own two homes, one in Colorado cash flows around $250 , one in Florida (property of topic) [Mortgage$3200 HOA $440]

Often rates trend a bit higher compared to the 1-4 unit program. 

Another way are old school syndications (which are basically the same as crowdfunding but not done over the Internet).

What are vacancy rates in your market and does the current tenant plan to re-up for another year?

Located in the Point Place neighborhod with Washington Local School District in Toledo, OH.

Real estate taxes vary depending on location and property type, but they typically fund local services like schools, roads, and emergency services.

Purchase Price: $585k with a $100k down payment on a 2.7% interest rate.