Good job prospects, standard of living and affordability to name a few. 

Wholesaling laws are pretty standard here vs other states.

Hello,  I have been researching loans and financing options and discovered that many lenders will let borrowers put a lot less than 20% down on a property, given that they get PMI. 

There is also barriers to pouring cement as the only entrance to patio from outside is through the standard size door through garage.

It may be a good idea to sell in a few years or you may discover it's worth holding it for even longer.

If you have cash, would you put down 3% (conventional) or 20% standard DP, and why?

@Paul Welden FHA 203(k) standard loan.

If you are just making a standard purchase, you'll need about $5,000 for closing costs, plus insurance, plus any reserves required by your financing (varies), plus any deposit required by your property manager, plus a rainy day fund in case something unexpected goes wrong.On the other hand, if you can buy it using hard money and have found a distressed property at a great deal, you might be able to get as low as zero out of pocket. 

But that's not exactly industry standard, it may vary by lender.

You took photos of it when they moved-in as the accepted standard.2.