A whole bunch of us are trying to help people out in your situation.

My whole online training and coaching business is about helping aspiring Real Estate Entrepreneurs get unstuck, out of neutral, and past GO. 

Since I've started down the path to financial freedom, I have began to look at money differently .I've become more aware of the flow of money, and how it can be used as a tool to achieve my ultimate goal - and also the goal of many here - financial freedom.I have learned that when I buy a $5 sandwich, I haven't just exchanged $5 for a sandwich.

I won't have a whole lot of money to start with.

Worlds most liveable city ;-)There are certainly tons of deals in numerous states within the US where you would easily achieve a $5k per month passive income from rentals. 

On the other hand, by house hacking you may achieve the same living for free scenario or let’s say that you are $100-$200 out of pocket, but you will also benefit from principal pay down (you gain equity with each mortgage payment), tax breaks, inflation (each year your rent may increase, while your mortgage payment stays the same), and appreciation (maybe).

Many people wouldn't think about the tax implications of this until after the sale...and you're on the right track.Selling land that you developed would qualify you as a "dealer/developer" and the whole gain would be ordinary income and subjected to self employment taxes.

specially the parts with contractors, over renovating, scope of work - actually the whole book to be honest.while reading this book all i keep thinking is: yes i did that, and that and that!

I'm very fresh to the whole real estate world in practice, I'm trying to gain some experience of any kind.

Not through Fannie Mae, but there is a whole tier of lenders out there that can do that loan.