If you want to do their lawn maintenance, for example, that's your decision.But, I would suggest that you're going to have to pay for your costs of owning (property tax, insurance and loan (including PMI if that's part of your mortgage deal)).  

A good engineered wood can easily stand up to the demands of a kitchen and half bath and I would never break up the transition of an entryway into another area with a change of flooring.

I would suggest that you start your real estate education on this site with all the great articles and podcasts.

Id suggest touching base with @Upen Patel.

Any suggestions are appreciated.

@Joshua Reed - the members that have responded so far are accurate - it can be tough to do deals in and immediately near NYC because of competition, amount of capital required, etc.I would suggest finding and area a bit further away where you can do deals and not have to battle so hard. 

Does anyone have any suggestions?

Any suggestions on how I could start?

Does anyone have any suggestions for a good property management company in Killeen, TX?

Any suggestions?