I am brand new and still soaking up every bit of information and knowledge I can get my hands on.

There are brand new pass through deduction rules that are pretty complicated but can give you a big benefit if you qualify. 

I am a brand new investor looking to buy my first rental.  

So we put in new heating and cooling plus duct work, brand new kitchen all new laminate flooring plus a third bathroom.

I saw one triplex where the guy put in brand new light oak laminate floor and he let the tenants paint .. they painted the walls a dark crimson color and never used a drop cloths they splattered it all over the floors around the perimeter of every wall .

I read somewhere that the property I buy cannot be a brand new property, is this true?

I have been wholesaling for over a year but am brand new to the lease option idea.

Again I'm brand new to this.

I am Tony Augustyn, a brand new real estate investor, getting started on the path.  

Remember that if you are building in a neighborhood that there are no newly built houses you have to be able to beat the price of those old houses although your property is brand new and the rest of the neighborhood is not (If the comps are older than 10 yrs then you will be able to sell for a little more but as an investor don't count on it...).