1) Make some reasonable assumptions about income growth and expenses2) Determine your CFBT (= NOI - debt)3) Figure your C-C (=CFBT/Down)If you can do a REAL 5%+ at close (or whenever you start), that's OK and leaves you room for reserves just in case.

Open account there and cc and spend a little using it.

We won't have enough money to start the process until February...by then we will have the cash to purchase a property and I have a lot of zero interest cc's I could use to help with the rehab process to get us started a bit quicker (more than likely using the cc's would only be for the first and possibly second deal). 

Well, for C-C, I'd use whatever cash you put in the deal. 

The total must be greater than 1k and the CC discounts will not apply.

Or, at least do this until you get rid of the cc debt.

They put in their DL amd sometimes CC if you're worried they will steal...but hence a good present screen questionnaire weeds out bad.Don't spend your time doing showings with bad quality tenants...your time is better than that

Send them the notice required by your state, CC SE8, get a judgment, notify Sec 8.

A 20 year old with a credit card...I have accumulated $4,500 in cc debt on the discover cc with an APR of 21.99%I also have $1,100 in cc debt on a capital one cc with an APR of 24.71%Which one should I try to be paying off first?

I made a few offers on the property, and eventually wiggled up to offering full price, however, my last offer I asked the seller to cover 5% closing costs (CC would be roughly $5,500 on this property).