Typically, it will require 30-50% down (depending on the lender you use, property type, state and few other factors).

At closing you literally sign a paper that states you will live there for a year.If you're looking to flip, I would think that these type of loans wouldn't really be good for you anyway..

Is the second story an addition or some type of unique add-on?  

To all my R.E experts, what type of trends do you feel will occur in the industry in the next couple of years?

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I'd love to observe what types of scenarios and interactions people come across when doorknocking before I go out doorknocking.

That gives a good idea what type of impact every dollar of CF has on your return.

At the top of the banner you will see "Tools",  once you scroll over the word a list appears showing the different types of calculators.

@Bruce Harding if neither you nor the seller are experienced with this type of property I would recommend you both consider the value of engaging an experienced agent to represent your own respective interests.

What types of routine or emergency maintenance will it need (water leaks / exterminator / smoke & CO2 detector maintenance / air filters / gutters / outside maintenance / paint / flooring / refresh between tenants, etc.).