Venmo allows you to use a bank account or debit card for free (they'd charge 3% fee if using a credit card). 

Late this spring I read Rich Dad Poor Dad, which eventually led to me discovering this incredible website full of brilliant people.

Credit low only due to card utilization.

To get the mentality of an investor- Rich dad poor dad is a good one. 

However, a few streets over and you may end up in a money pit with poor rental prospects.  

I dont like the following::Busy street, lots of steps, next to commercial or industrial, houses on either side are in very poor condition, very high taxes, certain construction styles and materials, on street parking, being far from transportation or main highways.These ideas above are just a few but the main ones.

The approval is based on credit, cash flow of the property and loan to value.

A place for opportunities with high rent returns for relatively low purchase investments.This question assumes you have good enough credit, debt/income ratio, income, etc that getting the loan will not be an issue.  

He wants an upfront fee of $795 and he says it gets credited at closing.

I have cash and credit.