I have a 690 credit score, my taxes for last 2 years, show me making $1350 per month, my monthly debts total $200  ( used for DTI / Residual ) , an I hope to have close to $6,000 saved in an account, in the next few months ( for the 6 months of house payments, down payment...likely go FHA and for Earnest money and appraisal ) Thank you so much for everyone's help

If you have the right subfloor for tile, or are willing to replace what you have with what you need (plywood, hardibacker, additional labor), tile is the best product.Search youtube and BP for installation tips, but the basics are:-level, 3/4" subfloor - no movement (sometimes requires shimming or replacing joists)-layer of hardibacker or cement board -plan and play with your start/end points and layout with tiles before mixing any thinset/adhesive-aim to avoid "skinny cuts". try to have as many whole tiles and half tiles as possible-for floors: use a thinset (mortar based) product to adhere tiles to floor-for walls: use the thinset OR pre-mixed glue adhesive to adhere tiles to wall-after proper dry time, mix grout and apply to all seams.

There is no smoking going on at that point, just the residual that was absorbed by their clothing, hair, etc.

I want residual income.

He was less than 8 years from the time he sold it (keeping the residual) from the time that check came in. 

You do what you can to LIMIT your exposure to that risk, via identifying and controlling those risks, but there will ALWAYS be some residual risk that you're taking on - with ANY investment. 

The only real way an average Joe like myself retires (early if I play my cards right) comfortably, is residual income.I asked someone this series of questions: 1. whats your single biggest asset?

My primary real estate interest is to acquire and flip properties for residual income that will ultimately lead to financial freedom and the funding of community and non-profit initiatives that I plan to start!

Eventually, adding Buy & Hold for residual income and retirement (although I'm thinking I'll do this for the next few decades!)

Feeling a bit overwhelmed, but so ready to start creating some income that can push me towards my ultimate goal of owning a few rentals for residual income.