Given your circumstances, the following advice and considerations apply:Benefit from low interest rates, no down payment required in most situations, and financing for up to four units when you take advantage of the VA loan.A thorough grasp of your budget should include the purchase price of the property as well as any possible maintenance expenses and other related expenses.

Will it automatically just be included to the deed and title of the existing home?

I own 2 older townhomes, and there are constant assessments (including $6000 each for roofs) and fee increases.These issues aren’t always apparent from reading restrictive covenants and seller disclosures so it’s important to verify with the HOA.

Early investments into your business will include marketing, software, MLS dues, education/coaching/mentorship, gas/mileage/travel, taking potential clients out for lunch/coffee, etc.When you're not working at your PT job, focus your time an attention on the following:- everything @Dallas Sauer & @Hayden McDougal mentioned- Having conversations with 5-10 people everyday.

We use a management software that includes tenant and owner portals. 

Guests are responsible for their own utilities and housekeeping expenses.Renter pays for all utilities including water, electric and gas.

One property manager (10%) is more flexible and says that I can get away with 100-150K of rennovations (including pool which is 80K), whereas the other (20%) property manager says I would need to do 200K to get the returns I'm looking for.

It does not include photography expenses. 

I’ve been a General Contractor and have built homes, completed building second stories, anything that pertains to building including building Oil drilling a Riggs in Channelview Tx.  

Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!