Absolutely do not sign or agree to do anything until you have meet with them all. 

I guess I just wanna know the absolute perfect way to go about this, so as not to screw it up or get into legal trouble.

ENSURE this is within a written contract with absolutely no strings attached with the ability to own all property in the property at the vacate date. 

Welcome @Tussant Wright You are absolutely right about this being the best forum in the world for real estate.  

Ticket to Ride is one of my absolute favorites.

Holly,You're absolutely right about the market. 

Maybe it's not an absolute necessity?

So if you pick up a $675k property, all-in, you're going to want to be generating absolutely no less than $6,750 per month in rental income.

The earlier you start investing for the future, the better off you will be in the long-term; however, real estate can be risky, so you need to make sure that you don't put anything on the line that you're absolutely unwilling to lose or that you think you are going to need to get your feet on the ground after graduating.

However, we don't want to put 20% down unless it is absolutely necessary. - A couple of months ago, I applied for Home Equity Line of Credit, so i am thinking about using money from my HELOC towards the downpayment for the second property.- My plan is to buy this property and rent it out immediately.My question is:- Still owning my first property, will I still be qualified for another loan?