Secondly, if you want to have some good spread, look at off market vacants or distressed. 

Hi. I've loved and followed BP for over a decade now. I've started in real estate I 2009 as a salesperson, and later a real estate broker managing 110 units for client landlords. By 2015 I had enough capital to buy my...

They'll add value to the deal, refinance, and repay their investors—a strategy implemented repeatedly for value-add/distressed deals.

Obviously that typically comes with distress, but any distressed sale is similar.

If you find the right distressed property you can get in with less money.

I've even seen distressed multi-families in some of the better neighborhoods sell to investors who convert them back to single families. 

Out of curiosity is the property your buying distressed? 

Nitya reportedlyfaced distressed asset sales, lagging renovations, suspended cash distributions and deferring property and assetmanagement fees.

You will come across people who buy distressed property in the the roughest neighborhoods and and build portfolios, those who focus on small multifamily, large multifamily, some who buy turn key rentals or even new construction -- it ALL can work.

For me I specialize in distressed properties so I get deals that are listed that no one is making offers on because of the property condition.