19 year old looking to purchase 1st property soon; Need some advice

[Tony Iacovone]

My name is Tony I, and I am 19 years old. I am looking to purchase my first property within the next year or two.

From reading other discussions on the site, it seems like a three family home is great way to start. Live rent free, and collect cash flow.

The thing that worries me though, is what if things go wrong with the property? I would lose the cash flow because of repairs. Also, I am still in school, so I have limited time to assist tenants if they have problems. Could I hire a property manager for this?

Lastly, besides rent, what other expenses are associated with a multi-family home?

I am sorry for all of the questions, and I understand I have a lot to learn before I start investing. If you guys could point me to any helpful resources I should read (besides the beginner's book) that would be awesome.

Thank you!