That generally elicits a favorable response.  

The rates and terms aren't as favorable as a conventional loan in most cases however you'll be able to get as many as make sense financially. 

Sometimes I'll throw a little more in there and sometimes I have to cash in a favor with a tighter budget.

Usually the owner will set the terms but it never hurts to ask for terms that are favorable to you first. 

Seems like favors were done to certain owners a long time ago.

Indiana Indiana’s rental laws definitely favor landlords rather than tenants.

@Thomas Veal , for what it's worth, in reading Garrett Sutton's book "Start Your own Corporation" he is not in favor of series LLCs mainly because, per his report, they have never been "tested" so he wouldn't count on them providing the same type of asset protection as multiple separate LLCs.Beyond that, search BP for asset protection... you'll find people strongly in the camp of utilizing LLCs and many people strongly against them stating you should just have a large umbrella insurance policy.

You can buy things like this:A Areas all in for around 100k rent around 1,400 to 1,600B Areas all in for around 60k rent around 1,000 to 1,300C Areas all in for around 40k rent around 800 to 1,000I live it also because it is also extremely Landlord friendly all laws are in our favor. 

Of course I bought my condos after the market crash in 2008 in SoCal when you could get them for STEEP discounts when they were out of favor.  

Step back and ask all the questions as if you are the tenant:  would you live there, how are schools, crime, location to work, shopping, etc  Also, is it rental friendly, laws favor landlord or tenant, are there a lot of rentals or own/occ, is it safe at night for you to do an emergency repair, etc.