Or-  You could target students (3 high paying students with parental guarantees renting 3 rooms in a 3 bedroom home), travel nurses, Airbnb, etc. 

If you can't get a loan on your own, why not team up with your parents? 

My maintenance guy tells me their respective FB posts have them living apart in their respective parents homes paying down their Liberal Arts student loans but dissing each other for everything imaginable. 

@Nicky Reader that’s what my parents have done with their properties, low/no rent increases and they stay longer.

I can live near Chicago with parents for free, stay close to school (Indianapolis), or move anywhere I want in the United States.

I told the tenants 2 weeks ago that i would be moving out my personal property tomorrow and i just received an email (not even 12 hours before I'm supposed to go get my couch and table) from one of the tenants parents that they are going to bring me to the tenant board if i take out my furniture.

Millennials are less likely to earn more than their parents than any previous generation in American history.

I have to move out of my parents home and get my own place, it’s not ideal for an 18 year old just out of High school but I know other people have it worse.

Then, each of these LLCs would be owned by a Parent LLC, where the profits and losses of each individual LLC would pass through to the Parent LLC, and subsequently be passed to my personal income taxes. 

Cash invested was tricky because we are expecting our first child so some repairs were unnecessary (extras) that would likely have not been made had it not been our primary residence.