@Elisha KellerMistakes are too numerous to remember.

I've personally had some success already in putting major money back into the pockets or budget of numerous house flippers.

"Beware of participating in a pissing contest, nobody really wins, & everyone just ends up with wet smelly shoes."

I'm looking forward to getting my feet wet, but I'm going to go slow and steady (which is going to be a challenge for me).

This will get his feet wet with low cost investments and teach him how to spot target properties without direct liability and reduced risks.If he wants to start with a property and can qualify...I would also have him attend a first time homebuyers seminar through NACA if he is in an approved state, and look for 3-4 plex's that have a positive cash flow against his NACA loan with no MI points and zero down payment.

Not the least expensive options, but they are there and numerous.

Paint first, but don't start the floors while the paint is still wet on the walls.

There are numerous articles that I would like to be able to mark as a Favorite as I am terrible at remembering where in the world to find them when I need them. 

I'm ready to get my feet wet, but was hopping to get a little imput/advice before doing so.I've found a SFH in an up and coming area in my city for $69900.

Congrats for getting your feet wet!