Most lenders like to see you have some "skin in the game" , so may need a down payment and some closing costs at the very least - however , there are still opportunities to wholesale or bird dog which does not require down payment money but may be a lot more difficult without a marketing budget.

If you have "bad" tenants, i.e. tenants that will not leave voluntarily, your investment may be a bad one. 

I would then look for a reputable property management company or I know some condo complexes even offer to help with renting your place out and cleaning up after guests leave.

It makes it less likely for you to leave a deal and force the lender to liquidate the property.  

Hello everyone,I'm considering leaving my company and going independent as a Financial Advisor.

I get the feeling from your second post that your should first see what you can afford with a 20% - 30% down payment to start your building/ loan sizing and see where that leaves you relative to the local market.

There's a lot of ways to skin s cat with the virtual stuff.  

A open statement like that from a realtor would leave me wondering who they are working for, since contingencies are there to protect me.

To be able to go to my niece's baby shower in California but can't because I'm out of leave.

I'll be honest with you, do not know if I quite understand @Brent Coombsand @Patrick Lisa So what you are saying is take 25% (7500) and put down on a 30k house and 25k into the house 32500 leaving 20k available to pay off remodel from previous home.