You can make minor adjustments based on the type of appliances (dishwasher, clothes washer and dryer, air conditioning, etc.) and the size of the rental.

Now that I see the potential that this type of business can have for wealth building, I need to educate myself to take the best next steps.

Most of the grocery anchored centers are unlikely to parcel off an out parcel and sell it so there's probably not a play for those types of sites where MCD's goes. 

Ideally, I would like to minimize the time window to pay off the loan which will be used in funding.any kind of insights you could share will be greatly appreciated.thank you!

What made you interested in investing in this type of deal?

HI,You would have to ask your lender if they offer any types of renovation loans.

But the zoning doesn't always determine what type of insurance you have to have. 

What type of property are you thinking you may be looking for and what area?

-what type of low down payment financing options do I have outside of FHA?

I have seen 20 unit properties on the MLS with a standard agent that is selling single family homes, and I have seen 6 units on Loopnet with brokers that only focus exclusively on (fill in the threshold) type listing.