Down payment?

Of course, Down payment assistance is available and the you can negotiate closing costs in certain circumstances but your chances of doing both are only reasonable if the property/seller are in a tough spot and the property isn't popular on the market.  

Multi family you can get as low as 50k/unit for something decent. 50-125k/unit is the general range for prices to still have positive cash flow from day 1 with your typical 20-25% down payment. 1-1.5% rent/price ratio in most cases. 

Hi Alison, when you say many tenants with section 8 don't cover the rent, do you mean that the housing payment is less than the rent and that the tenant must pay the difference?

.- No good rent payment ACH status across the portfolio Today vs what we had.   

Current partnership for one Single Family is approx 50k down payment, 10k partnership/management fee, 10k put in bank account for operating expenses.

I would check to see what you could rent the house for with your low down payment mortgage.

To combat this, I did a 2-1 buydown to temporarily lessen my monthly payments.

They use these savings as a down payment for their first property.House Hacking: House hacking involves purchasing a property, living in one unit, and renting out the others to cover the mortgage.

To combat this, I did a 2-1 buydown to temporarily lessen my monthly payments.