If you're overestimating numbers and not accounting for the other soft benefits of owning real estate (appreciation, tax benefits, etc) then of course you'll never buy anything.With 25% down on a 2-4 unit, you'll need to be in a B- to C- area to see cash flow day one.

Here are some tips for networking and making the most of your account. 1) I'd fill out your profile fully before you do anything else!

Savings accounts and treasury bonds are paying decent interest rates right now, so if OP needs a year to save up more he actually has options for the first time in years. 

Remember alot of Americans have a large amount on credit cards and they have seen thier rates go from 8-12% to 12%-19%. 

However, they dont want to be anywhere near the loan or title because they dont want any lawsuit liability from my STR.With my income and credit score, the terms for DSCR loans or conventional investment are not good.They own their primary residence in cash and its value is around 2 million.

My goal is start an LLC in NJ, since this where we will make our first purchase and get approved for a line of credit from several banks in order to invest in a rehab.  

For context, I should probably mention that I have ~$100k in savings, 770 credit score and 95k salary.I appreciate your help!

A HELOC would be my ideal situation but credit is not high enough.

The accounting records are a joke. 

Any amount expended or loss sustained by an owner or lessee on account of the demolition of any structure must be capitalized as part of the basis of the land on which the structure was located.