Quit making the rich richer and do your own research and execute your plan.

You’d need to find a mortgage worthy very ugly house, ideally put down like 5% conventional, then use your remaining cash to execute the rehab.

It will be different for everyone, but generally Some of the activities include  checking messages for work orders, purchasing materials and cleaning supplies, supervising workers doing rehabilitation work, meeting with and conducting background checks on prospective tenants, executing leases, handling complaints regarding existing tenants, searching for new properties to purchase, taking real estate classes, and collecting rent payments from tenant and more. 

With that I am hoping to get a hard money loan to assist me in executing the acquisition and rehab.

I hope you execute it as planned.  

As they say, "Ideas are cheap, execution is everything" and I'm having a disconnect going from knowing to actually doing.

I now want to become more independent and start working with other people on own.I recently joined a real estate club at my school, of which I joined the executive board, and that is how I heard about Bigger Pockets.

Personally, I think the redevelopment side (those in the gentrification space) is tougher to execute, but the rewards are similar.

Earnest money is how you make your contract executable and prove intent to buy. 

Recently I received a notice that says due to an executive order 2017 b-51-18 (wild fire victim displacement price gouging by landlords) I illegally raised rent above10%.