I have a Bachelor's in Marketing and if I could do it over again I would probably get a nursing degree or some other STEM degree to pay off debt sooner and have a better DTI ratio with less debt and a higher gross salary.

Im 24 years old with economics degree

Sometimes these end up in our municipal court system with them being charged with a fourth-degree misdemeanor.

Both buyers, investors agents AND brokers, need to make sure you are better than your competition.We put SIGNIFICANT effort to be better than our competitors, Be smarter, better looking, have more degrees, have a better website have a better closing rate, get more leads.. anything EVERYTHING.

If you put more down, you'll see your Cash on Cash ROI improve and your Total Return compress.In terms of your variable operating expenses, I use the following:Vacancy:  8%Property Management:  8%Repairs:  $50 per unit, per monthCapEx:  $150 per roof, per monthI think it makes more sense to use a flat amount per unit for repairs since repair costs aren't necessarily correlated with rent collected.I use similar thinking for CapEx, except it's a flat amount per roof rather than per unit.Are you planning to self manage to some degree?

If you are looking to pay cash, and use delayed financing, here is my suggestion:If you include on your closing statements (which vary state to state - HUD-1/ALTA statement ) the renovation costs - and have them charged at closing......

It can vary quite a bit as there are also some mortgage brokers that offer credits at closing (to cover some of the closing costs) at the expense of a slightly higher interest rate (i.e. 4.5% rather than 4.25%). 

Couple more details and we i'm sure someone on here can help outDown payment is typical 20% to 25% and depending on income docs your rates can vary.  5% to 10%. 

It varies by individual circumstances and personal preferences.

The length of the interest-only period varies from mortgage to mortgage, but can last anywhere from a few months to many years.