You need to talk with your attorney and tax advisor to determine the best structure for you and your goals.One big positive in LLCs, even though the cost to finance is much higher (more down and higher interest rates), when you get commercial loans, they will no longer be on your credit report.  

We've learned (and continue to learn) it's all about screening.  

While demolition costs are nondeductible, a taxpayer may claim a loss deduction when the depreciable business property is retired from use in a trade or business or from use in the production of income.I would strongly advice talking with a real estate focused accountant here to help guide you.

I was thinking, should I invest in RE or continue to save?

Along with this, I plan to house hack my first year and accumulate rental properties as I continue to make money.

He contacted the person to see what the guy would give him but the guy tried to talk him down to a lower down payment.

STR property management, Co-Hosting, Revenue Sharing agreements and Investor partnership agreements to earn equity and profit sharing opportunities as you continue to scale. 2.)

Best of luck as you continue your real estate investing and learning journey!

@Anson Fauchier let's talk/meet-up. 

Just make sure you are talking with an actual investor when you take advice not someone that is "planning on" investing.