I still have plenty time left saving but when the time comes I’ll either be looking into conventional  loans, or some type of remodel loan to pay for the repairs of the property I am looking to fix up, because as far as I’ve seen so far it’s hard to find a good deal starting out unless you buy it as discounted as possible and put some sweat equity into it, let me know your thoughts on that ur possible.

We found two contractors and the bid we received to finish the work were higher than the bid we contracted to complete the entire rehab! 

@Chloe Salcedo why aren't you focused on working with your sibling and learning as much from them as possible?

Back to your question on maximizing rent: In general, the better the neighborhood the higher possible rent.

Do you think SCI can possibly pay a mortgage for ?

I believe that connecting with experienced investors and fellow newcomers will be invaluable as I navigate this path.I am particularly interested in short term rentals, multi-family rentals, and possibly fix and flips. 

Through the LLC structure it is possible to take advantage of the existing mortgages modified first at 4,125% 22yers and 1%, yes one percent, for 40 years.

We are planning to live in one unit and rent the other half out of a duplex, then rinse and repeat this process as many times as possible over the next 5-10 years.

My job every month is to operate with as little $ as possible in banks that pay nothing, getting every dollar possible into my money market accts earning 4%+.

Yes, it's possible to get an FHA loan with 3.5% down in the city, but your lender is right—there are some tricky hurdles, especially for multi-units.