Interest rates will plummet and you can refinance that property, lock in 30 years of low interest rates, pull out equity, and buy another!

if they are a great PM 20% is totally fair. not too high and not too low

I have lumber liquidators, home Depot, Lowe's, and who knows what else near me (central CT).

Caution:  Personal credit card financing is a huge risk and good luck finding 0 percent interest today.

So if you discount a small amount to get rolling, that is something that can work, but don't want to stay low for long.You will start to get the dregs staying at your place and they can do some real damage to the place.

What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?

Ivan, I'm in Tampa too and I'm a lender with formal commercial credit background from two of the largest lenders in the world and 34 years of lending experience.

No matter your level of experience, credit standing, or financial resources, Property Investment Funding, LLC is eager to partner with you.

It all depends on your strategy, Phoenix is primarily a single family state so small-multi family is competitive with low supply.

.: I haven't passed this past legal review so for what its worth: Part of my standard requirements for everyone include income is at least 3X rent, minimum credit score, say 640, Clean record and no evictions as well as deposit is paid in full at signing of lease and 1st month rent is paid in full prior to handing over the keys.