Granted, those are lower income or Section 8 units so they are a bit higher.Have you visited the property to see the block?

I have up to $250000 for a property but would like to find something lower than that for my initial investment property. 

The more passive it is, the lower the the return will be.

You ask for 50/50 and see if they give it but I wouldn't go any lower 30/70 to start. 

In 2009: The recession hit us hard in 2008 and I found that my old home which I had lived in Chandler was now quoting for about 12-14% lower than what I had bought it for.

So, financing would have to be a commercial loan at higher interest rates and higher down payment expectations.Most investors will want to at least leave open the options of using lower down payment scenarios with FHA and Fannie Mae and Va loans where applicable.

@Christoper PhillipsAm hoping the scraps or lower priced properties will trickle down to us in a few months.

Look at the home page and there is a link to RI Statewide toward the lower right corner of the page.

In my opinion the cap rate speaks for itself - lower cap rate stable income less headaches, and vice a versa.

I'm inexperienced compared to you but on my most recent purchase of a SFH, I put down about 6% with owner financing making up about 18% which gave my lender assurance I was personally invested, that there was a lot of room for them to recoup their money and helped me to have a lower DP.