If it's strong, and based on other details you've provided, there are certainly low-down payment options. 

Those rents are very strong especially that 4 BR unit. 

Any suggestions on areas that have strong rents compared to the ARV (close to the 1% rule)?

I even called my CPA and he reviewed my taxes and said he though they were very strong and were in line with the other investors he works for. 

Hey Guys,I'm looking to build a stronger cash buyer list. People use Craigslist, Facebook, LinkedIn, auctions, REIAs, other wholesalers, realtors, and lenders. I've had some luck with craigslist and messaging people o...

Is it icing on the cake since the tenants will pay down your mortgage?

I would strongly urge to consider starting with a house-hack, something that mitigates risk factors and gives better opportunity to practice and "dial in" on the NE "vibe", and that's a key thing to understand, it's very much a NE vibe thing, hard to define in exact words, but it's a manner and style of things.

BP is full of great content, so I strongly recommend you to have a look at the following resources:1.

Plus the strong presence of professional sports and affordable living make it a great destination for growth.

Generally banks don’t advertise these rates and really only offer it after you have a very strong track record and large deposits with their bank.