DSCR Loans: What Are They And How To Get The Best Termshttps://www.biggerpockets.com/...DSCR Loans: How To Use Pro Strategies To Save More And Make Morehttps://www.biggerpockets.com/...Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

I am looking for the cheapest option here.

It’s very hands on for most owners (high turnover employees  and employees stealing bc of cash sales) so as long as that’s something you’re willing to do it’s likely a great option for you. 

You will then have a few options with that rent money....you can put it into principal or you can start saving it to purchase yet another property.

Another option is an actual commercial loan.

Apparently, I am supposed to choose a sponsor but am having trouble sifting through the plethora of options.

Roomies.com is an option.

Renting the lot might be your best option, and to be honest less hassle as well!  

I'm getting started in the real estate investing world and am almost ready to buy my first rental.I’m debating between two different investment strategies and would love to hear advice from experienced investors here.Would you a) buy a two unit and house hack with 5% down (all cash in around 40k) in an appreciating area with a little bit of cash flow every month or b) start BRRRR strategy right away out-of-state in a C neighborhood.And a third option, if you have the ability to do both concurrently, which one would you start with first?

Once you have self-income, and if you don't have employees, you can set up a Solo 401K (and Solo 401K Roth), the best option of SDIRA options, and contribute tax-deferred/free $69,000 per year (and $69K for your wife, if she's a managing partner in the PM LLC), thus setting aside a big chunk for more investments (private lending, notes, syndications, even more houses).