In fact once you make over $150k the allowance is eliminated entirely.Let me know if I am misunderstanding this or if there are ways around this.Kyle

It is a $385 x’s 3 cost for a program of mine like $40k Flips or Freedom Funding where you go through 5-7 weeks of live training classes on how to find deals, structure funding using our funding, raise your own private money (to eliminate the middle man, me, and save yourself $$), find qualified contractors, outsource improvements, etc.

By then I’ll have eliminated all of my student loan debt, and will only have mortgages as debt.

That at least eliminates the bank issue and you acquire it cleanly.

Hello, my name is Lai: I'm a 20 year old motivated to achieve Financial Freedom for me and my family.I've been doing some research and came up with this plan.I will list out all my asset and liabilities that way you can see if there is a better strategy I'm missing or such.IncomesDad - 4,000 a MonthMom - 1,800 A MonthMe - 1,800 A MonthRental #1 - 750 A MonthTotal Income - $8,350 A MonthExpensesPrimary Mortgage - 1,500 A Month (1,000 for Principle and Interest / The rest for Tax and Insurances) (8 of a 10 year left)Whole Life Insurance - 1,000 A Month (About 3 years left on this)Groceries / Essentials - 1,000 A MonthOther Expenses - 1,600 A Month (Internet, Contract Phones, Cell Services, Gas, Gymn Membership, Travels, 10% to Church)Rental's Tax / Insurance - 250 A MonthTotal Expenses - $5,350 A Month8,350 - 5350 = 3,000 Monthly Cash-flowOther InformationPrimary House has 80,000 of the 125,000 in purchase price left in mortgage. (45k Equity if the house for what ever reason doesn't appraise for more)Rental Property - Completely paid off (it was our first primary home that we bought for 65k) (so that's like 65k equity right)Parents Saving - 40,000 (We are all on board to use 100% of our resources)My Saving - 8,000Organization - 20,000 that I'm holding for them (trying to stay away from touching other's money in case the investment fail or some and the organization ask for the money)Life Insurances - (could potentially take out 40,000 from it without having to pay it back, but that would kind of mess the insurance up since we already paid like 50k on it)Now's Come The PlanStarting Cashflow - 3,000 (750 is Passive)Buy 2 Duplexes - Down payment of 40,000Assuming Each Duplexes Produce Min of 400$ a monthCashflow increased to - 3,800Get a HELOC for up to 40k either through the rental property or primary (If I could get more like 60k I would buy 3 instead of 2 which would make it faster)Buy 2 Rentals - DP 40k (using heloc)Cash flow increased to 4,600Pay HELOC off in 9 MonthsBuy 2 rentals - DP 40k (HELOC)Cash flow increased to 5,400Pay HELOC off in 8 monthsBuy 2 rentals - DP 40k (HELOC)Cash flow increased to 6,100Pay HELOC off in 7 monthsBuy 2 rentals - DP 40k (HELOC)Cash flow increased to 6,900Pay HELOC off in 6 months Buy 2 rentals - DP 40k (HELOC)Cash flow increased to 7,700Pay HELOC off in 5 monthsBuy 2 rentals - DP 40k (HELOC)Cash flow increased to 8,500Pay Heloc off in 5 monthsIn 3 and A Half year we would own 14 Rental properties (all 20% payed down) plus the 1 we started with; All cashflowing $6,350 (400 x 14 + 750)Which would be 1,000 monthly Cashflow after if we quit our jobs.Obviously, we could keep going repeating the strategy to create more cashflow or focus on eliminating the mortgage off our homes and rentals.

They are in to make money, period.Agree with @Caleb Heimsoth that, based on the info you have provided here, you should focus on eliminating your student loan and consumer debts before buying property.

If one clearly outperforms the other then you may want to focus on going all-in on that marketing strategy and eliminate the other.Based on my experience, you can close deals using any marketing channel.

If I were in your shoes, I would be saving as much as possible and also searching for off market deals where you can BRRRR them - pretty much eliminating down payment costs if you get a good enough deal. 

If you don't have the 3.5% down, ask your agent to help you with a few DP assistance programs so even that can be reduced or possibly eliminated depending on the product and price points in your area.

You also have the option of not renewing their lease (but it's literally impossible to evict in CT right now, so tread lightly with lease renewals until the Governor eliminates the moratorium).