So I would like to get ideas and thoughts here who has bought property with tenants already in there?

You are trying to build a portfolio as if you have a crystal ball and already know how each property will operate after they are purchased.

I planned on starting off saving money for a year or so and using that for a downpayment too a property to then be able to flip in order to build capital.

I currently self manage my properties using Buildium and I love it especially the resident portal and ability to accept ACH rent payments.

Profit-sharing in the 20-30% range is also common in situations where coaches play a key role in creating wealth through property investment.”

That experience will definitely come in handy when evaluating properties, estimating renovation costs, or managing projects.Feel free to reach out if you have any questions or need advice as you get started.

My wife and I are looking at buying a property that we can live in and fix up (cosmetically) and then either rent it out as a standard SFH or as a short term rental. 

Any property at a good price based on comps is a good property.

Did you flip this property?

As i recently took my bank statement loan for purchasing a new property from Best Finance.