Well, this is harder than it sounds especially when you're a beginner because you know no one and have no track record.

From my experience (being on the DNC list and getting dozens of telemarketing calls a week) the main strategy is to ignore it and call everyone anyway. 

You should be able to get something in the high 6's, 7s.

Well said on #4 @Michael Plaks

It is still competitive , but as with all markets there are always deals to be found.

Starting young: As someone just starting out at 18, what would be the best way to build a foundation for wealth?

If you want to do wholesaling, finding the right title company can be very important.  

@Toby FellowsGet an attorney and have them complete the process for you would be my recommendation.While it is something you could do, I always recommend spending a few hundred bucks to make sure it’s done and done properly

If the home sits for a period w/o a viable bid from a prospective OO then it'll be opened to investors.

Will likely be mid 2025.