Very few investors (young or old) started out no $$$. 

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@Sophanara Khoeun you mention that you have no time as you have a 9-5 job - so, do 99% of investors!

If it cannot do that, it's likely to make little to no money in the first year or two.

And start from a position of strength rather than getting into a property right before you go back to finish up school and have no income for a year.

•Mix of Strategies – While it’s known for cash flow, Detroit also has neighborhoods where long-term appreciation is playing out.It’s not a perfect market (no market is), but it definitely deserves a look if you’re open to expanding your list.

(Remember - No such thing as a dumb question)And don't be in a rush like most young wanna-be investors...I can't tell you how many times I've seen/heard "I want to have 10 properties within 5 years and be making $100k per year".

NO

Yes I know about the VA loan (no down payment) and VA disability payments, more on that later.  

Forming an LLC for your rental property can offer liability protection, but no real tax benefit.