again, I'm just starting out and have a great opportunity, but need additional funding in order to invest.

These are professionals with additional training and a stricter code of ethics.

I am interested in finding SFHs and I also have a friend who is trying to unload a multifamily property in not so good shape. 

Additional question, Do I have to change the name on the deed of my rental units to the business name as the owner?

In addition to abstraction we also match the property to assessor records, parcel maps, demographics data, etc.

Gave me practical experience finding deals (and the tools & techniques involved), working with realtors, lawyers and banks, appraisals, inspections, insurance, property taxes, utilities, closings, HUD statements, etc.Owning a home gave me more practical experience in basic to moderate home repair, dealing with contractors for more complicated issues, capital improvements, insurance claims, "neighbor relations", and many more important aspects involved with owning property.But in addition to buying and owning my own home, I'll say what was equally important to giving me confidence to get started was having a few friends who were already doing what I wanted to do. 

Normally your attorney will provide you a specific guidance as to the expectations of it.Happy to chat more offline if you have any additional questions. 

Look at ways to add value to a property, not just by rehabbing but look at properties where you can add an additional property on the land.

Your choice will depend on your level of risk tolerance (holding in a cooling market) and willingness to make additional investments in the property.

These are professionals with additional training and a stricter code of ethics.