There's a Section 8 mobility program in this area with a quicker turnaround for placing tenants, about 3-4 weeks.

If you plan on buying investment properties in the future or after this scenario DSCR would be a good fit as well again No tax returns or personal income required.Lastly Non/QM also offers a program called "Bank Statements" for self employed buyers and it will allow the use of "Cannabis" income. 

I plan to evict them however wanted to know if anyone knows of any landlord programs or resources to assist with repair costs, currently the housing authority will not pay for any repairs.

The individual who owns the real estate in their personal name  but understands these key principles is also better prepared to address any claims or conflict if and when they arise than the individual who owns their real estate in an LLC and ignores these important operational functions. 

But if you want low cost, but still have access to that then it's great, as well as all the pyramid scheme programs involved with it :)Personally, I'll agree with @Dan Guenther, that the actual brokerage won't make a huge difference, it is more about who you surround yourself with.

This criteria is for 1-4 and 5-8 unit programs.

@Aaron Gallington- thanks ...if you dont need to complete the refinance now - I would wait for a little bit ....you might get fully approved for the new loan with a lender to make sure you are able to get the loan but  hold off on locking a rate and completing the loan until rates drop a bit more ...if you are able to obtain conv financing - go this route as  75% ltv should be available and  rates / fees  should be much better than a  DSCR program - thanks 

I would love to see a mentorship series on Bigger pockets that walks one or possibly multiple candidates through the process of investing in their first property.OP check out the BP boot camp program.   

Rafael,After the hard money loan I would suggest closing them under your LLC using a DSCR loan or portfolio program. 

There are down payment assistance programs in NJ right now offering $15k grant towards your down payment if you live at the property and meet certain income requirements.