I'm going to keep on the search and testing some out.

Initial Escrow Payment at Closing also has a Property Taxes at $432.52 per month for 12 mos (total = $5,190.24)This doesn't seem right.2) Is it common for the Closing Costs mount $10,309.99 to be rolled into the total loan?

But for the most part, we'd use a property manager.As for the investor, we plan to go on title and bring our own capital for our first deal just to test the waters and see how things go.

The holdover tenant was caught on my security camera in the front yard yelling at her boyfriend saying all he knows how to do is smoke and roll blunts all day. 

Find a lender than will give you a line of credit against it and roll. 

Once you start rolling, then you will figure out whose help you need to get to the next step.

Eager to get the ball rolling.

Don't get me wrong, many things to learn from this n that, I love @David Greene, @Brandon Turner and the like but wayyyy to many expect it to be like buying a McDonalds franchise; just buy xyz book/program/mentorship and now count the money that rolls in, no it's not like that at all, and I call out all the "guru" programs that promise such for the snake oil salesman they are. 

I'm also concerned because in my counties, the water utility  will never be shut off, it simply rolls over to the property owner if unpaid by the tenant.   

If they're asking for points going in at the closing table, that's normal.I'm in the process of doing my first private money loan, and the borrower will be rolling 1 additional point into the the loan.