Here are some steps to help you get started:Education and Learning:Read Books: Start with foundational books like "Rich Dad Poor Dad" by Robert Kiyosaki and "The Millionaire Real Estate Investor" by Gary Keller. 

Rents in the area are anywhere from $1k-$1300 a month.My plan was to get a hard money loan to get it going and fixed up and ready for tenants, then within about 6-7 months refinance the home with a traditional lender, then sit with that home for awhile until I get fully comfortable with the one house.

As I don't have large down payment, I am thinking to start building a portfolio with finding off market deals that have equity and do bit rehab/renovate and later get refinanace to pay off HML with a traditional lender/DSCR loan. please share any thoughts on my plan and any lending resources.

I'll even expound further... my traditional banks DID NOT have an issue with me getting the loan, I decided not to do it because they, although temporary, are doing 75% of the PURCHASE COST + REHAB instead of the typical appraised value that I am accustomed to.So again, I, myself did not move forward.

Traditional banks typically use depositor funds to originate, picking and choosing which loans to portfolio and which to sell. 

This is not get rich quick... but it is get rich for sure. 

This ensures that the client understands the intended structure and which entity will hold what assets, whether it be a traditional or series LLC, etc. 

I own equity in two different syndications, one managed by Brian Burke's (Hands-off Investor) Praxis and another is managed by Robert Kiyosaki's (Rich Dad Poor Dad) property manager MC Companies. 

Traditionally has met at Best Western Suites, 2000 Beach St., Fort Worth, Texas 76103 on Thursday nights.DFW REI Club – dfwreiclub.com – Meets about 2x-4x month, normally on Saturday morning from about 9am-12noon at Manhattan Plaza 6850 Manhattan Blvd, Suite 205 Fort Worth, TX 76120.

If you're going for a traditional mortgage, challenging the appraisal with updated comps might work.