That being said WE CHOSE TO DO THIS. so to the 2 so called "investors" who are here trying to slander us claiming we are "scamming them" or trying to convince them to buy a property under these conditions.....thats false as none of this is necessary to wholesale a deal and make profit......Over half of these investors arent even familiar with what wholesaling even is and so when they get upset about something that has to do with their property....because we offer to help them out....they immediately point the finger at us as if whatever happens to their property is somehow our fault. 

If so, I'd look into that before a DSCR loan to avoid the prepayment penalty DSCRs carry.

No problem, though—I can get close to $100K saved by the end of the year, so I’ll be in a much stronger position.My question is, is there a specific number I should be striving for that would put me in a good position to invest in real estate?

So far, so good, but it is early. 

I am assuming you would be the one who owns and operates the LLC, so essentially, you would sign for the insurance policy would it still come up?

So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

So I was just wanting to get opinions on the best way to leverage the equity and heloc I have? 

Some limit rentals to 1% of the homes, so if you are lucky to get in now and there's a waiting list, you might not be lucky to rent the next time if there is list. 

With a smaller syndicator you will have access to the general partners for questions or phone calls.

(I have experience raising money as a professional musician so this came somewhat naturally to me).