Keeping a low level of risk; low DTI, diversified risk, etc but I think primarily it is solving the question “if something bad happens can we carry the property and for how long?”.

I opened up some cheaper markets for my clients that are low on capital, but even in these markets where you can guy something for less than 100k, with all the costs and fees incurred during the 100 - 120 days of the project will exceed 20k and that's on the low end.  

🙏🙏🙏 I have asked this question before, but everyone who got a hold of me was more interested in seeing how low I would go… That is not helpful.  

That can be as low as 5% for a primary residence. 

Leave the management fee and management reserve, unless you are planning to self manage.CAPex should be a one time cost, so you can remove that once reno is done, but I would add in a maintenances reserve, of 5%-8%.You either need to get a better deal on the property through a discount or creative financing, or increase rents.Do not force a deal.

I've read the Book on Rental Property Investing, No and Low Money Down, and Managing Rental Properties.

House hacking will allow you to acquire the deal with a low downpayment (3%-5%).

They are relatively low doc loans, so you 'd need LLC docs (if doing it via an LLC - which is not required but gives you more options), bank statements, proof of insurance and copies of your ID... and usually that is it.

Supply for rental houses and houses on the MLS is low, with demand increasing.

Cleaner sees something running low, she goes to walmart and buys more then sends us a photo of the receipt. 2.