@Matt SettleHey Matt, if you’re short on the 20% down, some options to explore include: tapping other lines of credit, partnering with friends or family for a small JV, using a cash-out refinance on another property, or looking at properties that allow lower down payment programs like FHA (for house hacking) or portfolio loans from local banks.

He shares good info in his videos and they are free to watch.if you want a cash flowing super property that you'll need to put a lot of money into then you can look into Bill Faeth's program or info. 

If yes, please tell me more about your program.

Appliances work and match the program requirements.Stoves, refrigerators, and heaters must be present, clean, and operational.

For cash-flow duplexes and SFRs, the biggest difference-maker is pairing investor-focused acquisition support with a property manager who already understands older housing stock and voucher programs.

I work with borrowers everyday specializing in semi customized loan programs, if you're looking hotter markets.Indiana, Ohio, Missouri( Saint Louis), and Mississppi, are all lower cost of living states which in turn allow for a higher rate of return month to month.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

Joel,One thing to keep in mind is as of January 1st there are some new programs that allow as little as 10% down on a investment home purchase (single family, condo or townhome). 

I know three software programs can seem like overkill, but the last thing you need is a bookkeeping nightmare come tax time. 

What other programs are we using?