Almost immediately they are contacted by someone very interested (investor) who offers a lease purchase for $100 - or $10 - down, they would take over exact payments owed (lets say $1000), and will have the OPTION to pay $125K in 3 years.

But if you main objective currently is to open an account for rent payments that should be very easy to do.  

What type of down payment can you offer?

It also, by the way, represents a risk with commerical mortgages that are often 5-7 year fixed rate terms with a balloon payment.

For example, some people focus on payments and tenant screening, others are more focused on accounting/depreciation/job order focused and yet others are into online marketing.

We're currently doubling our mortgage payment, should we stop?

VA or FHA allow smaller down payments.  

My problem is I don't have 15-20% for the down payment, and I'm not sure I will be able to get the 5% down conventional loan because I won't be moving into the property within 60 days.

We tried to resolve the issue with the office manager, but eventually had to stop payment. 

We have been reading books and doing research, but no boots on the ground yet, so we have no idea on the time frame.We will only have enough for a 5% down payment for a 150 unit by the end of the year.