I had read Rich Dad, Poor Dad, and this property fit the bill for something we could live in while going to school.

For example, a person can go to  a 10 —-13 week school for dental assistant… finish the course get a certificate and have an immediate job making somewhere around 43k plus.. yeah I know it’s not a ton of money, but it’s a good base especially for folks that don’t want to go to college.

Quote from @Ranjit Sandhu: @Sharad Reddy Roseville and Rocklin is great in placer county and schools are one of the best in that county. 

I have one rental property now that was our old primary residence that is finally cash flowing and I have about $100,000 equity in that property.

The old-school “We Buy Ugly Houses” model still works.

Make sure it's desirable and that there are no upcoming events that would make it less so.If it's a family-style house (3+ beds), make sure that the local schools are very good.Work with a local Realtor to answer a lot of these questions. 

Make sure to factor in insurance (slight change as rental), property tax (in our market is 2x a primary res), vacancy (3-5% in most markets), capex (old roof?)

Quote from @Robel Nessro: Hi I am 18 years old and I've been really interested in Commercial Real Estate investing since I was 16 and I don't much about CRE investing and I would really love some advice on how too start funding your first property, and where I can learn CRE investing,  I've also been thinking about joining the Air Force so that I can buy my first commercial property using the VA loan and continue from there and buy more, but I don't know if that's a good idea or not.

The house is in a great school district.

The School of Hard Knocks is the best education, but if your company will pay for it, I would go with an MBA for future (non-RE) career development.