@Mostafa Koperly Yes, banks will certainly lend on this.

If  you are in the 20% range, you are better off going to the casino and putting all of your money on black and seeing what happnes.Since you are out of the area properly calculating cash on cash returns can be difficult because you have variable expenses to calculate. 

You can furnish cheap via 2nd hand.  

You can also not allow pets in their entirety.

The husband and wife are likely going to be on the same page, so it will constantly be 2 against 1, yet you are the one living there.

I am a novice investor who is looking for some solid tips and tricks on where to begin.

I have solid savings currently,  for down payment on what hopefully will be several properties.

There is no way I can afford to put that much down for every offer.

My tax person says I can deduct a % of the repairs I've done based on the SQ Footage of the basement unit.

The bank is going to typically finance between 65 and 75% of the cost depending on the ARV.