you need your friends and family to put up cash... most HML will not do the no money deals for someone who is brand new to the business and has poor credit.A cash partner is what you need

@Cheyenne Davis the pure cash flows are in the poor rural counties.

You'll find tons of info online - but like @Sunny Suh recommended, you're best bet is to speak with a lender and outline your particular situation.Here's a link to get your research started: http://portalapps.hud.gov/FHAFAQ/controllerServlet?

If you behave like this to your tenants do not be shocked when they treat your property poorly, leave with giving you the absolute minimum notice, and for the most part make your job as a landlord much more difficult.  

Hello Julian,Putting it in a trust could be your better bet.

Your best bet is to rent it out ASAP.

If you know don't anything, don't hesitate to search it online.Don't say or tell yourself you can't do it, tell and ask yourself HOW CAN I DO IT (Rich Dad, Poor Dad).Good luck. 

Invested poorly 2.

There are so many variables that just blanket stating that direct deposit into your account will cause problems is a poor claim not backed up with facts for the majority of landlords.

It might be Monday morning coaching, but I bet a review of their application information will reveal a clue or two.