Being focused on a class and type and being as specific as you can in what you are looking to do helps as well.

For now I’m working on saving my income as much as possible for future investments while learning as much as I can in my 20s since that’s the time I’ll need to be building capital.

From my memory, you can in most cases however, also in most cases, i believe you would be subject to a $2,500 cancellation fee.I'm sure you already know this but, doesn't make sense to make a bid on a property you don't intend to follow through with.

However, my husband and i have been on a FAT version for a while; i guess without having a name to call it.

I am now putting  as much money as I can in cash accounts for future RE investing.  

Learn as much as you can in the beginning and then try to narrow down what it is you want to be doing when it comes to real estate investing because there are so many avenues!

@Lee Mast absolutely, as mentioned above call every bank you can in your area.

At least I'm pretty sure they can in states like California. 

@Mary Mitchell great point there I have been so worried by the horror stories that I forgot that these are my costumers and if I treat them fair help them where I can in the way of improvements or repairs.

Pencil in some guesstimates if it makes you feel better, but it should be a nice fat margin where you can afford to spend a couple hundred more in one month or another without feeling a pinch.