After speaking with a few local flippers, they advised me to add the master and so I did.  

I wouldn't advise doing that way and I don't think you even can anymore but that's how I started.

I found a private investing group, haven't called them cause I want to sound somewhat educated on this subject when I do. I am so new to this, if I can get some people to explain to me what this means down below, I pu...

If your question comes down should we buy an expensive residence that will hurt our ability to save or buy a cheap one and then save and invest as much as we can, I would advise you to buy the cheapest one that fits your needs and focus on saving and investing.

As a first time home buyer, I need advise as to what my role should be at today's inspection.

Of course, COC return is very important and must also be respected... assuming a positive cash flow, property leveraged at 100% (not advised of course) has an almost infinite return, whereas, if you pay cash for the same property you now have a limited returned, albeit more realistic, return.To value purchase price of property, I compare GRM (much easier to derive) and along with my internally calculated CAP for the property.  

My advise is to have everyone over 18 on the lease.

My advise would be to work through either a Real Estate attorney or try a title company.

I agree, get an agent on your side, one who has worked with small apartment deals and can advise you.

I have only done a few deals so I have not lived what I'm going to advise - just taking what I've learned here on BP.