Common projects are large multifamily apartment complexes focused on a value-add strategy to reduce risk, taking Class B products and improving them to Class B+ or A equivalent.

You can get into a multi-family FHA with as little as 3.5% down or into a single family with 3 to 5% down depending on the loan product.

@Matt Wells the book I read before becoming an agent was “Sold” by David Greene, and I definitely suggest reading it!

-Be very mindful of the location, there are a few areas of Red Deer where the tenant profile is quite poor and vacancy is higher, double check with your realtor but I would avoid anything in Highland Green, Riverside, Fairview, Eastview (a bit more street specific) and downtown-The units in buildings like these are not generally updated often (if ever), so you may not have reno costs now but there is a good chance you will when tenants start to move out, just make sure you plan for that.

I just finished reading David Greene's "buy, rehab, rent, refinance, repeat".

Are there any products available to pay only 10% and still go conventional?

@Basit SiddiqiWell I did end up finding on lender who approved me for 175k.But I was actually looking for lenders.I have also shifted away from turnkey providers. not entirely, but I feel after reading David Greene's book out of state investing I have lots of options and don't just need turnkey.

Hello,I see a rubbery material in between my tiles and concrete in outdoor balcony , it could be some kind of a caulk but I am unable to make out the exact material or product can someone please let me know?

@Jonathan Greene that’s what I was thinking.

Realtors don't know everything about bank products.