Beginner with Low Cash Feeling Burned Out

[Vic Wilson]

Hello BiggerPockets Community!

We have been trying to start our business since July of this year. We have tried numerous strategies to get started. Wholesaling through mailers, and signs. Looking through the MLS at old listings. Tried to look at the possibility of just focusing on flips with the small amount of savings we had. (But without a PML to trust us, with no history, it's rather difficult.) Then looking at Arbitrage for STRs.(Not the best time of year to start that.)
Our loans and credit score is catching up to us. Our family has had a 'intervention' of sorts with us(they were afraid we would ask them for money or move in with them). I'm honestly feeling burned out.

(You can skip my sob story and just read this:) One strategy we are thinking of is to get a 2nd job to pay the monthly minimum on the loans. Use the remaining savings to pay off 1 loan(that will start this next month, the others interest wont start until next July.) And
fix up the current house we own and get it ready for this upcoming summer. Then use that profit to pay off the loans before the interest starts.
And still hope for a wholesale to go through during that time.

My question for you is: Would it be wise to move into a rental and use the money from our house to find a flip? Or purchase a multi-family property and house hack?

Would any of you like to share your stories of things going against you when you started? I'd love to read them!