Classic case of a city that once manufactured one or more products and had a strong blue collar influence, but now is mainly low income service jobs.  

What I recommend is join your local LL association-very low cost and a great resource plus networking.

CONVENTIONAL:A conventional loan allows you to put as low as 5% down and go up as high as you want, some banks may allow you to come even lower.

Lowes often puts their flooring on sale, so we saved that way + using a Lowes credit card to save an additional 5%.End results of how the flooring turned out in our unit can be seen in my profile.Best of luck with your reno!

Your vacancy and CapEx look a little low to me.

Just figured I would share my thoughts from the other post here as well, had a bad run-in with John himself and I am not happy about how he treated me as a customer.......I had to search high and low to talk to someone after I purchased the product.

@Lane Cooper - In terms of relatively low risk vs. high reward, I have yet to find a single better investment than doing a house hack. 

Quick closings, good customer service, low fees, interest only payments and desktop appraisals in many cases.

If market research indicates a particular area is losing jobs faster than the national average, has a low population rate to begin with, and has a higher proportion of owners to renters, along with other indicators of potential issues, then I may be able to reasonably assume that it will be more difficult to find good tenants, more difficult to charge market rents, etc.

.- rent is very low.