We begun our search for multifamily and even got preapproved for a conventional mortgage loan in the 500s with 20% down, but as we continue to evaluate many of these properties and their cash flow, it seems like a high cost of entry, ownership with a low return/cash flow.

Also, I don't know the formation of your driveway and garages, but I have maximized my parking by actually blocking to garages with three cars parked perpendicularly and then renting the garages for storage.

I like and used these guys here in the past get high marks: www.ConstantContact.comwww.top10emailmarketingservices.comAnyways, another low-cost way to do any of that is to look into and google ideas using cPanel and wHM hosting.

Jestin, that seems like a very low NOI even at 400k.

Let's assume capex is low since you did rehab it prior...300k house for 2k rental isn't that great unless you're banking on appreciation, but at 300k it doesn't sound like it's in a market like that.

If you found a four-plex that needed some work/rents were low/run by a mom & pop operation ect....you may be able to get seller financing from the owner. 

What is the best place or way to buy a low cost rental with little to no money down? 

@Eli M.There are quite a few non-profits in Philadelphia that assist low-income (or other specific classes) population with first moth rent + downpayment.

Hey Everybody,Question here about what to do in the situation where a garage space had been rented to an individual for storage, no lease, not a commercial garage just residential, hand shake agreement.

.- For low appreciation neighborhoods, we like Seller Financing.