Part of it is what you define as success? I think even closing on the deal is a huge win. Then stabilizing the asset is a win. Updating it as needed is a win. Learning how to landlord is a win.
If you've read the books then just try your best to follow the strategy outlined. Look for a property you can add some value to but is rentable. Come up with a plan of attack before you buy the house. Then do whats needed to the house (paint, add a bedroom, update fixtures, new carpet, what ever you can do to improve the unit quality and cashflow.)
One huge thing is if you get to place the tenants, MAKE SURE YOU VET THEM well. Credit check, background check, 3x monthly income (gross) of the monthly rental payment. Call their references.
It's better to sit with two months of no cashflow to place a good tenant that you have lower chances of issues, damage, eviction etc than it is to rush a partially qualified tenant in and they create issues.