I've searched all over the internet for some insight into this, but figured it was such a specific question, that the Bigger Pockets community was my best bet to finding some advice/answers!

Then your best bet is to put together a solid business plan (including information on your background and what you bring to the table) OR find a great deal and get it under contract.  

To avoid the double tax, an LLC may be your best bet. 

@Kevin TotlandNotes and tax liens are popular with that kind of balance.

Bet on number 7 in the second race if you live across from the track....No really.....One oddball I have read in a couple of books and even online (here and elsewhere) that may have some merit is juding a potential property/tenants by their vehicles....( not the only metric for sure but just one observable factor of many to consider along with all the other data points and best practices).If the place you are looking at has a bunch of older inefficient, beater cars in the lot, this may be a management issue (leaking oil, immobile cars, unsightly) AND also eating up the tenants monthly paychecks in repairs, fuel, etc. 

.: Banks are the best bet for this type of loan.

You bet.

Contrary to popular belief, my parents don't want to kick me out and lock the door like some people may think, Ey?

It goes unstated, but many times I'd bet they are leveraged to the hilt with debt in order to grow so fast ... again, that is great so long as the RE market is strong as it has been.

The local banks are your best bet,  but know they are evaluating you as much as your property.