I know that for an investment property on a small multi-family home you need at least 25% of the purchase price down if you are not going to occupy the property. 

I have a client who purchased a triplex in Albuquerque.

In some situations, a landowner might be able to purchase beds already with a license from a an existing assisted living facility.

Purchase price: $400,000 This was an off-market seller financed deal with a local investor who had owned the property for over 30 years!

Issue a mandate to the PM that any repair over #XXX needs an Itemized Time & Materials Purchase Order to be completed by them and your signature of approval, without which the PO is denied. 

Unless you want to purchase commercial software. 

It's better to walk away from a purchase that doesn't meet your criteria than to cope with hidden problems later

For $150,000, this could be $3,000 to $7,500.Investing in a Rental Property: Costs and ExpensesDown Payment and Closing Costs:Down Payment: Assuming you buy a $300,000 rental property, you need a 20% down payment ($60,000).Closing Costs: Typically 2% to 5% of the purchase price.

I am bringing 50% of the purchase and rehab cost in OPM.

Down payment will be a minimum of 25% of purchase price and these programs are generally for 1-4 units.