Also, tackle the investment channels which you feel really comfortable with investing your time and efforts.Good luck with everything!

Really think this benefits me by keeping my Sub Contractor overhead down as I tackle another property.

We had a number of undesirable tenants when we took over.We just tackled it one unit at a time. 

I agree that I need to learn more about the business prior to tackling real estate investing.

You must first assess what area of real estate you truly would like to tackle, then I would say the next step comes more appropriately after that.I would definitely suggest having some sort of income to subsidize all of the costs included with real estate investing.

Sounds like you need to flip and make some money to be able to tackle your upside down property.

If the HML is going to finance 100% of the purchase price, then $20K is probably enough, though I would follow Anthony's guidelines about tackling a deal you think will only cost you $10K. 

Lookin for opinions on if this is one you would tackle or run without looking back. 

There are jobs you can do yourself depending on your skill set, I wouldn't tackle a roof. 

Just jump in and get wet tackling a deal.