Doing a conventional loan for each property is out of the question due to my debt-to-income ratio. 

I am also priced out of the NY/NJ market and I am interested in Cleveland OH due to more affordability. 

After incorporating you'll want to then file for a tax exemption with the IRS.

I owe no back taxes and I am currently up to date on my mortgage.

When a child LLC (disregarded entity) is used to hold each property, and all of the tax reporting is done on the tax return of the parent entity, does each  individual child LLC need to file the BOI Report, or only the parent LLC? 

@Ben Cochran I hope you have factored STR tax savings into your cashflow and ROI as it can be significant.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.

Days wind down and now they have a (knee jerk) reaction and buy something non-optimal for a property just to avoid tax penalties.Had they been realistic starting out they would have had time to locate quality properties to buy instead of looking for a Unicorn.

Due to fleet of vehicles at the top of the driveway, it is not trivial to turn around.  

@Sushil IyerWith my experience, to analyze properties effectively, you can start with resources like MLS listings, Crexi/Loopnet, tax assessor websites, or paid tools like Costar and Reonomy.