I did see another property online in nearby Finneytown that I'm going to investigate. 4 plex asking 144,900 with gross income at 31200.

Based on that, the "gift tax" is something to investigate.

Unfortunately, there isn't a black and white answer to this; there are a few different variables so you kinda just have to investigate each situation separately.

I've been ignoring most of them, because when I do investigate, the story is invariably fishy.

I'm investigating a 14-unit MF to purchase, and I'm confused about the kinds of loan that are available to me.The property is a 14-unit MF in a tertiary market for $500k.

Originally posted by @Chet Mazur:I like peeling back the onion  and seeing what the story is.So do I....its like being a private investigator for real estate.

and if they approve the claim then do an investigation and find out that it was a STR they will make you repay the monies that they the insurance carrier paid out in the claims process. you should definitely get a policy that covers short term rentals. 

After doing a couple dozen houses, you'll start to get an idea of what it takes for a property to work or not, and you can "eyeball" a property and tell right away whether it's worth investigating further.

I saw a title about that in the BP Forums but hadn't investigated. 

Based on some investigation I did a while back I'd think you could find 20% down.