Those that are actually good, get called upon/mailed/emailed an obscene amount by other investors.

@Omar Fernandez - you can start by reaching out to some attorneys, NYC is an attorney city so you'll have to get an attorney involved (who usually orders the title search). 

Such a situation is recoverable if there is enough time for a market recovery and the cash flow is at least break-even (or there is enough reserve cash to cover negative cash flow until it can turn positive). 

at 26 - you could build a portfolio just by house hacking every 1-2 years for the next 5-10 years.

While you have mentioned that the tenants’ frequent texts are annoying, it’s best to stay professional and set boundaries by letting them know you’ll update them when there’s progress.

Some landlords also use escrow accounts for added security and transparency, especially if required by state laws.

Getting hurt by default arrears which makes it worse.Filing for bankruptcy prob out of the question.Equity partner may be a possibility.

I have around 8k saved up and my goal by the end of the year is to close on my first rental property!

And what is your price point and are you looking for turn-key properties or something along the lines of a "fixer upper"?

For example, say you contribute $30k via MBDR to your Roth 401(k) this year and over the next 15 years it grows by 8% annually to ~$100k.