All these lenders care about essentially is the asset (good location, Debt-service-coverage-ratio [DSCR], Value per door/unit, value).

That means making more income, or more likely, paying off your debts. 

The normal wear and tear is not as well defined in the regulations as it probably should be, but the general consensus is the landlord can deduct for costs related to cleaning the unit and restoring it to a move-in ready condition. 

Industry standards pay out debt at hard money rates (10-12% these days with or without points) and first position lien.

In this way, I only need one transaction for each purchase, comparing to refinance and then purchase with finance. 50% LTV is where I can get 1.2 debt service coverage ratio.any suggestions are welcome.

All these avenues should help you in refining your approach before you can ask questions related to the type of debt, data (T-12, RR), reasons why the owner is actually selling so you can define what approach to take in term of financingI hope it helpsGood luckCedrick

Right now we have no money saved due to paying off debts but are able to start saving $2500 a month from this point forward. 

If a $70k/door multi doesn't have at least $700/month rents (1%), I pass.I've been doing this since I started and still look at this on large ($20m+) deals ever day.If anything, it DOESN'T work on 1-4 family as well since those tend to be much harder to get good rent ratios due to competition from home buyers and access to cheaper 30 year debt. 

Student loan debt taking up too much $$?

The syndications I invest in do generate Unrelated Debt Financed Income (UDFI) and my IRA has to pay Unrelated Business Income Tax (UBIT).