As you move further out the boards tend to get a little less conservative but I don't think any of them will allow the additional leverage. 25% down indicates to me the board this board is already on the liberal side... it only gets more conservative from there.

Seniors tend not to move and they don't wreck your property with wild parties, as a rule. 

Not only are taxes rough in New York, but Syracuse has experienced five decades of declining population. https://www.osc.state.ny.us/localgov/pubs/research...When you look at the principles of supply and demand, rent growth, occupancy levels, and NOI tends to lag behind markets with growing populations.

The rod that works the pop-up stopper tends to catch any hair or fiber and combined with soap residue makes clogs. 

Given what big tech tends to do in this situation, I'll probably never be able to get that reversed.

Deals in markets like SF or LA can tend to be low on the cash flow, which means the COC ROI will be low or sometimes negative but that doesn't stop thousands of investors from pursuing deals each month.

In the Northeast I tend to see percentage of rent (5%-10% depending on market).

@Wendy Huang, to add on to what Erik mentions:1) 20% tends to be the minimum down. 

West Byers / AH tend to have door costs of around $80k-$100k for 2/1 units if they need just a little work but nothing major.

You tend to notice where the "less desirable" homes sell at, and the "more desirable" homes sell at.