Also network with property managers in your area because they will have leads and suggestions on rent and properties that you could possibly acquire.These are just some of the tips I have taken to heart myself.

Most of her income are tips. 

My plan is to make these the first steps in a successful career in real state and to gain as much knowledge as possible so any tips or advise would be greatly appreciated.

I am open to all advice, tips, strategies and anything else that will help in a successful real estate investing career.  

If ANYBODY can help me understand how to fill the contract out or can walk me through it or have any tips as to what I should include in the contract I would really appreciate it.

Can i have dome tips please?

Can i have some tips please?

That way you both gain experience in the business, learn creative ways to find lending, the pitfalls of REI (not like you see on the TV shows) and you can possibly have input on the layout of the property, which could be valuable selling point in the future. 

I have a blog where I write about Real Estate  www.homebestchoice.com and I welcome you guys there too if you would like to share experiences and tips, would be a pleasure to have anyone's help on it. 

@Derrick Aragon, thanks for the tip!