If what you ultimately want is to buy and hold, I would focus on learning your numbers and finding a specific market and strategy to focus on.First thing to start researching is how to use a low-down payment mortgage (like FHA, but there are better options) to purchase a MFR as your primary residence.

So ultimately it's just about learning what things cost and seeing what price you can get the place at and whether the math makes sense.

It all depends on what's ultimately driving you and what you REALLY want to get out of it.

Ultimately, I got a contractor to come out and give me an estimate of $26k for the rehab.

Fastest path to cash preferred, but ultimate goal is building wealth.

Ultimately though, the most important thing even over doing company vetting, is knowing how to do proper levels of property due diligence.

They are the ultimate tax reducing vehicle. 

The highest predictors of goal achievement are the 80/20 activities that are identified and codified into individual actions and tracked fanatically.Discipline 3: Keep a Compelling ScoreboardPeople and teams play differently when they are keeping score, and the right kind of scoreboards motivate the players to win.Discipline 4: Create a Cadence of AccountabilityEach team engages in a simple weekly process that highlights successes, analyzes failures, and course-corrects as necessary, creating the ultimate performance-management system.One of the keys to a successful remote work structure is excellent communication.

Ultimately, I borrow from my TSP to invest in short term flips.

Ultimately, I agree with @Ian Tvardovskaya, if you've done the math go with the BRRRR strategy.