This is to meet the U.S. govt requirements.  

Also when you are under contract and get condo docs, make sure to read the meeting minutes (for the past year if available) they will indicate if there are any talks of an upcoming special assessment (which you don't want).

Purchasing a property that doesn’t meet the 1% rule can absolutely be justified if you’re focused on long-term appreciation, especially in strong growth markets like the ones you mentioned.

But then my cash flow won't be high, and when trying to get another property my DTI won't be great because 75% of the rent won't meet the mortgage.

To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

For the public unless you're attending EVERY planning commission and city council/county commissioner meeting you wont hear all of the back and forth.  

Meet with a local banker & schedule a time to talk with a mortgage broker, they'll give you at least a baseline of what kind of down payment options and rates are out there.After that, if you're still wanting to research more creative options, do some looking into seller financing (a very hot topic with good, and bad, advice out there), look into private lenders, and commercial financing options.If you're wanting to live in 1/4 of your quadplex, then conventional residential loans may in fact be your best option as you can purchase that with a fannie/freddy loan with very low down, and use up to 75% of the income from the property toward your own income. 

Pick a screening platform/application that makes sense for you.As for meeting the applicants, I recommend meeting them at the property to show the place to them rather than getting coffee or food with them.

What people find appealing about Bitcoin, is what made it run afoul of the post-recession and post-9/11 PATRIOT Act anti money laundering stuff.This is a direct quote from the FHA Customer Service team at the Department of Housing and Urban Development, again for an FHA loan.I am sorry, without a traditional bank statement, we could not verify the Bitcoin funds came from an acceptable source and was not provided as a loan by an unauthorized party to the transaction.

Negotiation, I could use zoom/webex meeting and give advice.