Most people I know start with low money down programs so they can get away with a initial capital investment of around $25k but you also need reserves.  

What is your credit score?

That seems low with the 5 units and storage you mentioned unless they are 1 bed units. 

What is the purpose of the two million low-interest loan to Seminar Solution LLC?

Low value markets might be Pennies on the dollar like you allude to. 

The low purchase price, combined with an established market demand, made this an ideal transaction for a fast turnaround and profitable outcome.

@Jaycee Greene Yeah it is easy for one to get discouraged when buying this type of project but I must say they are decent when trying to start low and build capital, that way you dont have to deal with **** properties or mediocre neighborhoods again. 

@Jeffrey Bourque Are you planning to finance this with a local bank or credit union?

I do direct booking through the Houfy website, taking credit card payment by Square. 

We’ve tried other platforms on the market, but the message delivery rates were very low compared to the 85%+ I get here.