In other words, a commercial line of credit on the whole value of the property.I've got my eye on a 12-unit complex for sale for just under $500K. 

Do i need a good credit and a w2, because I don't have any of that.  

Do you have any recommendations of how my plan can be improved?

Recently moved from Canada so I don’t have any credit or verifiable income, but can put a good down payment down (40k) cash or so.

Expecting "instant equity" requires you to either buy below market rate, or you will have to force appreciation by making substantial capital improvements as soon as you buy. 

Excited to keep going, I'm making notes for improvements and ways to get better.Thanks for all the comments in the thread.

@Raphael TurnerVirginia Credit UnionVirginia Credit Union League has a list of over 190 members.

When I saw the landlord on September 19th, I showed him traps with roaches in them, empty cabinets in the kitchen and our dining/storage room and told him that we wanted to seek a rental credit for Sept & Oct given the house's lack of habitability. 

You will most likely be credited for what you paid in one state on the other state's tax return.  

Go to the search bar and look for "application screening" or "tenant screening" and you'll get enough to make your head spin.Generally, you want them to have a recent Landlord reference, make 3x the rent, and have a decent credit score.