A lot of investors find that expenses like repairs, vacancies, and capital improvements can eat into their margins, especially early on.

Also helping was a relationship with that bank (deposit accounts) and good credit. 

While I do not have an official W-2 currently, I do have a steady income, great credit, and have money saved as well from working since I was 13 years old.I relate to Ian Kay in his journey but also am very determined to make my goals/dreams a reality this year by July 2025.

I have no debt aside from the properties and regular monthly credit card debt.

Dedicate one checking account and credit card exclusively to real estate.

It is easy for people to download fake W2s, ESA paperwork, etc, with a few mouse clicks and a credit card. 

The loan does need to be secured by the property being improved if we are talking about a personal residence and personal itemized deductions on Schedule A.

Focus on rebuilding your credit, saving for a down payment, and learning the local market.

At the moment with 3 rentals (6 total units), I have one account and a credit card associated with it.

Take out an equity line of credit on the property that can be sides as the down payment for the primary residence.