Hello,When it says you can use 75% of your rental income to report as income when applying for another home loan. 

It's possible to get credit on your LLC, though.

Legal fees may apply to create the quit claim deed

ThanksEstimate on Monthly Finances4 units leased at $2600 ( $650Each)Monthly  Income $2200.00Total of $4,800 Credit Score 747

If you obtain your license there are jobs you can apply for, but I am pretty sure if you get a job selling time shares you can not use your license to also sell homes on the side.  

We’re both in college, and while we both have respectable jobs (by college standards) and strong credit, we’re aware that it’ll be very difficult to find hard money loans in our position.

They will look at your credit score, experience and liquidity.

Once you pay down mortgage, you can't get it back out until you sell the house (or pull out a line of credit).

Or you could just get a personal line of credit. 

You can also have the funding and then not get the property under contract and then you have to reapply for the loan, ping your credit....not the best way.Both options work, it depends on you as an investor and what you feel comfortable doing.