I also provide 50% of financing.Family member is a "silent partner."

When I did my internship with a billionaire out of Beverley Hills he taught me that Finding the deal with 33%The Rehab / Rehab Costs were 33% Staging was 33%As I have flipped homes I came to my own conclusion.

A small to mid-size dozer can "slot" doze down hill.

Originally posted by @Stan Hill: Opinions vary.

I'm considering buying a house to use as a rental- but concerned that it's on a pretty steep hill.

Chris, if the property is stabilized and cash flows well or has realistic net income upside; as others relay here - try negotiating down to a lesser DP (running out of liquidity is not good) AND/OR partner up and slice the equity with another investor (your holding entity can split out the % ownership / and you have other partner(s) collaborating); you could structure those with less than 20% ownership to remain as a silent/passive investors (having no managing capacity and no voting rights....just a thought.... 

I am a Woodland Hills ,CA newbie!  

@David Roman, check out this thread:https://www.biggerpockets.com/forums/311/topics/630817-newburgh-ny-buy-hold-or-run-for-the-hills

Sad agents and wholesalers generally/lately bend terminology so much to their favor.Anyways Long Islands unless you're like in the Hamptons seems to have alot of inventory hanging/sitting getting cold/frozen; seems most all buyers are saying its cheaper to rent than finance; guess they'res not much actual cash buyers in NY unless Manhattan Forest Hills DManor or Hamptons?!

I'm currently in Bedford Hills, Westchester County.