Things do happen and plans change so typically the bank will not care if payments are made.

Save that cash flow up for your next down payment.  

Typically higher down payment and higher interest, but an option nonetheless. 

I'm a recent college grad myself, and I am currently saving up for a down payment on my first house hack.

To find competitive pricing, look into the rental prices of nearby multifamily properties that are comparable to yours.Take into account all of the running costs, such as insurance, maintenance, taxes on the property, utilities (if not individually metered), and, if necessary, property management fees.Take into account the principle and interest payments associated with your mortgage.

-what type of low down payment financing options do I have outside of FHA?

The lender must review and approve the renovations in advance, and must inspect the completion of all items that cost more than $5,000.A borrower may request reimbursement for their payments for the cost of materials or for the cost of properly documented contract labor, but not for the cost of their sweat equity (labor).

It took me some time to find a reliable CPA who didn't charge exorbitant fees.

Documentation is Key Gather all the communication you've had with the contractor, records of payments, and any information about the work done.

The number of properties needed to generate $15k in net profit each month can vary greatly depending on several factors:Purchase price and down payment: More expensive homes require higher initial investment, but may also generate higher rental income.