New to Real Estate Investing, what to do?

[Casey Jones]

I am brand new to this whole thing. However, I have been reading like crazy for about 2 years.  Personally growing and developing, as well as reading financial help books by Robert Kiyosaki, Dave Ramsey, etc.  I Really am MORE than interested in real estate Investing. My Fiances parents actually just became real estate agents, which is awesome to know I can always use their help. However, I come from a rough past that caused me to have a lower credit score marked as POOR.  I have been working on it like crazy, therefor, I am not too good on my money at the moment. I am a graphic designer with a start up company that has been actually growing rapidly, therefor my money has been growing with it.  I guess my question is, with poor credit, and next to nothing cash, where do I start?  I come from a town of people who believe blue collar work is the work to do, while I believe in passive income, as well as portfolio income. Work smart, and have my money work for me.  I have cut out almost all childhood friends just so I could focus more on my self education aside from my time with work.  My fiance is extremely excited at the idea of us getting into real estate investing as well and really likes the idea of us starting with a Multi-family home and living there while others pay our mortgage.  Please help me out with what to do and where to start. I am currently reading the ultimate guide,  and I am sure I will find answers in there, but it does say to jump in here and ask questions, so here I go! Im Starting!

[Casey Jones]

I have always been interested in the buy and hold concept strictly because I love the idea of passive income.  Built up over time with several properties, the idea of even $10,000/ month from passive income due to renting out multi family homes sounds ideal.  Being able to focus on my passions and traveling and know I am set for retirement rather than big lump sums of cash all at once. Buying and flipping houses and stuff just seems like more of a job. Yes it is big money each time, but I am fine with building slowly and developing residual income that I can rely on even if I dont work tomorrow, or for a week/month/year/etc.