Most barely have enough for a standard down payment so an additional 100K gap is often a deal breaker.

The whole nonsense of house hack every year and buy a new one, or what not whatever that **** was just does not apply in today's world with lower housing supply, higher rates, and wages being barely up.You're likely going to have to put 10-15% down, not 3.5-5% down, and wait 3-7 years not 1 year.

I don’t have detailed financials on the laundromat as they just did the bare minimum to keep it open, and I want to go in and add value.

Nobody wants to be subjected to bickering on an educational forum.If the Financial Planning Association gets its legislation passed on title protection you won't be able to call yourself a financial planner anymore, you don't have the bare minimum qualifications of education or experience. 

I think 10k is barely enough to get started with one place.You did start at the start of the STR boom.

@Tyler FergusonAt the bare minimum you should dedicate a checking account and credit card to your real estate activities.

You're just going to stretch yourself even further.You can barely househack, with $140k annual income, massive amount of debt and terrible credit score you're not going to qualify for much.

There is a good chance the walls sit on bare soil and do not have propper footings underneeth. 

I'm a total newbie, so bare with me here.

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