If you have to use hard money to buy the place, plus utilities, this could be $1000/month out of your pocket till the project is finished.There are so many moving parts to this game, I keep thinking of other small (or large) details. 

It's a numbers game so it's not impossible, you'll just have to shift the numbers & resources to your side. 

My first thought would be to wait until I am 18 to possibly get my real estate license and can then put my name on the title of any properties I buy.

10.Does it have a clear title?

Just getting started in the rental game, looking at 2-4 families (owner occupied) in providence, RI and Merrimack valley area in MA.

Thinking of it as in the way Robert K mentioned that life is a game of Monopoly.

There is definitely more than enough investors around, and so your game plan just has to take that into consideration.

Feels like getting in the game now is better, to learn and start creating opportunities.

Anybody who's been in the game for a while has the scars to show from it.

@Alesia AlbertWhat every RE investor needs to know about cash flow, The One Thing, Leaders Eat Last, Games People Play