Newbie with questions that need cleared up

[Tyler Deal]

I've been interested in investing in real estate since I was in high school and have spent a lot of time reading books and following topics on this site. I understand its all about patience and for the longterm But I need some things described in a bit more detail. Like how to choose the right beginning property? duplex, condo, single family, multi family which is best as a first buy? Price range, and how to secure the loan with no credit? I'm looking to end up with 5 to 7 properties that will bring a "passive income' in the long run. I have spoke to a few people and the one guy I talked to at Starbucks had 4 properties that bring $50,000 in his pocket every year after all expenses and the homes are paid off too. I mean is that good? seems good and he said its more then enough for him to retire in 2022 along with his pension, 401k etc.

Any pointers, tips would be appreciated. Thanks.