Again live there for a year or two while we save funds for the next property.The next property would be a bit larger, it would be bigger than a four-plex I believe a commercial loan would be required?

However, nothing will save you from the property taxes here.

I’ve been learning as much as I can about investing and my plan at first was to save up money for 2-3 years but now I’m wondering if it’d be possible to invest in a rental property with only $10,000 saved up.

Sometimes the incremental savings from $1,000 to $2,500 or from $2,500 to $5,000 are too small to make the higher deductible worthwhile.

Add in that you get certain discounts and it's unlikely you would see a big savings to shop lenders. 

Save all your money.

It is good that he texted you to tell you that the keys were in the mailbox, save that text.

What I see good from that, is that I don't have to pay anything for rent, the tenant is paying months of my mortgage payment and I am being able to save more money now to buy some more properties that could help me get some cash flow.

How would you change your offer to help him save $ on the taxes he would have to pay. 

I know a lot of people on here do not want to hear this but the best investors that I come across are people who worked full time jobs for a while and saved up.