Get a job that pays you a pile of money and invest that money, live well below your means, think long term, and delay gratification.

Building housing is subject to a significant array of regulatory costs, including a broad range of fees, permits, reviews, and other requirements imposed at different stages of the development and the construction process, with both a direct cost and a time/delay cost.

Also need to focus on markets/communities that strike the balance of relatively low land cost, strong rental demand and include professional property management to strategically minimize vacancies and maximize rental income from day one.If you have more questions, feel free to reach out!

For future reference, the agencies will often adjust LTV/DCR by -5% LTV / -.05x DCR for loans involving new agency borrowers with minimal experience / like size AUM / etc. 

This would increase the property’s value to about $608,000, and you could look at an 80% loan-to-value refinance, which should give you enough to cover most, if not all, of the remaining balance.This structure allows you to minimize upfront costs and take advantage of property appreciation over time.

A balanced approach might be best: consider contributing to your Roth IRA to ensure you're benefiting from its tax advantages, while also starting small with real estate investments that require minimal capital, such as house hacking or partnering with other investors.

This probably should have minimally been a yellow flag and an indicator that the group may not have been buying at attractive cap rates.7.

All, at most, have had minimal fees - $500 for origination, etc. 

Plus “foreclosure defense” which was created out of necessity in the last crash is very useful defense in a judicial state to delay delay delay then get a low interest rate modification.

The strategies you mentioned above seem to be more advanced strategies, but if that is what you enjoy, learn as much as you can and get into it.With minimal income, I would suggest saving up some money, buying a new primary residence that you can house hack, and keeping your current property as a rental.