I need help getting started

[Afsheen Akbar]

Hi All
I am new to this website and looking for help. I am interested in the real estate business but not familiar with the field at all.
My original thought was to do the whole "flip" thing....not sure how that works.
I am in North Central Florida- Gainesville- which is a college town. Most everything is driven by University of Florida students. I recently just bought a condo 8 months ago. I put down very little for down payment - I think about 6K. I hold a regular job have a car loan......regular stuff....dont have much in credit debit and have a good credit history. so I guess my first question would be is if lets say i do come across a good deal would I be able to get a mortgage on it?? Im not sure if thats something i have to worry about?
The other thought i had was to get a place and rent it to students? Any ideas on what can I do to approach that. I dont know how smart of an idea is that but to get an interest only loan and try to pay some principal off with hopefully the rent. The reason I am thinking about interest only is in case I cant get renters......i wont be stuck w/2 full mortgage payments....any thoughts on this
Thanks for reading all this and for the response in advance.
Afsheen