You may be able to get a good deal on a place where the rents aren't being paid and the owner either can't afford to hold on or is too scared.

I found a potential property that looks nice but the neighborhood scares me from what I'm reading online.

(Personal service includes the fields of health, law, engineering, architecture, accounting, actuarial science, performing arts, consulting, or any other trade or business in which capital is not a material income-producing factor.)7.

I am a very motivated man searching to get my foot into the door of real estate.I recently graduated from OU majoring in Health and Exercise Science.

Health problems stoped them from following through with their plans and forced the family to sell.

To be honest I feel it's me being scared somewhat.

Let me start by saying I'm completely new, out of my comfort zone, and scared to death.

Its quite a simple process that you shouldn't be scared of.

My wife works as a Physician with lots of hours, stress, and moderate risk (who knows where our health care system is going). 

 :)   I would definitely recommend to set up a corporate structure - it allows you to write off all sorts of things... cars, car insurance, health insurance, life insurance, phones, internet, trips (oops...