Sounds like it's a viable option that requires extreme caution and preparation. 

IE rental properties there is some truth to that but reality is if your only going to put the absolute minimum down required for a loan. there is no cash flow in most higher priced markets this happens in the mid west  rural areas and  rust belt urban and so on and so forth and in those markets positive cash flow is the name of the game.. but a market like hawaii  Nope not with minimum down and a long term hold horizon the owner will make money over time on rent increases and apprecation.

Building a powerful brand requires concrete steps that demonstrate your commitment and expertise.

While this is the general premise, there are certain circumstances which may trigger taxable events and require tax payments to be made.

The minimum seasoning period required to refinance a new construction mixed-use property can vary depending on the lender and loan program.Our company would require a seasoning period of at least 12 months,  This time frame allows lenders to assess the property's stability, performance.

I require at least 30 days stay, which helps get around paying city taxes on it.

Things to consider as a rental investor newbie: How involved you want to be as a landlord/PM, if a Lead Safe Certification is required where your rental will be, if there is a point of sale for the ordinance you're buying in/what the escrow requirements are (especially if you're buying a heavy fixer), etc. 

Advice I would give: Look for a building without an HOA or owner occupancy requirements. 

If you plan to move in, you should probably require them to make the unit vacant before closing because even if the tenant's lease is ending doesn't mean you won't have to then evict them which could take more months. 

No Collateral Requirement: Unsecured loans, as the name suggests, do not require collateral.