You may want to consider an alternate agent that more matches your fast pace.

You will want to consider an LLC over incorporating.

Joe,You may wan tot consider an fha loan with 3.50% down and ask seller to pay closing closing costs on your first purchase when you are ready.

I know a few people who might consider an off market deal (no guarantee to how good it is), but either way I'd like to get a local owner-occupy landlord group together to brainstorm ideas to improve the area.

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

Me personally I carry a gun whether I go to my What I consider an A or C class properties but even more so when I go to my C it’s just a different type of environment and mentality also their upbringing is different from my A class property renters I have to really be on my toes but I look like a tenant tbh so most people don’t mess with me I don’t scream their goes the landlord.

I believe the only way I will consider an investor on my first property is to help with the down payment.

@Aaron BardSo, you are approved for an FHA loan (aka FHA 203b) and some of the properties you've looked at do not qualify for the traditional FHA loan because their current condition does not meet FHA's Minimum Property Requirements (MPR).Maybe, consider an FHA 203k, which is an FHA loan but it allows you to add into your FHA loan the cost to correct those deficiencies and other rehab that you may want to do, close on the deal in it's as-is condition, and correct those items AFTER you own the property!

I personally did not and found the book almost insulting because the narrative comes off very condescending while also not providing anything that I would consider an original thought. 

On the separate LLC discussion, my CPA advised me to keep properties in my own name (not LLC) and to consider an umbrella policy with my insurance provider for added liability protection.