good morning BP hey im a newbie in REI, and to be honest my. credit isnt good and my i owe more than i make, is there still a possible way for someone in my position to actually start to invest?

@Samantha SwensonI think this question is more complicated than many give it credit for but most on these boards are heavily invested and thus have their outlook which is not necessarily wrong but can be a little more on the positive side. 

Great points made all around, but one of the primary factors to house hacking is to get "primary residence" rates on a house that eventually becomes an investment property after you occupy it.In order to make an informed decision for your scenario, ask your lender to run the actual numbers... taking into account your credit, down payment, property type, primary vs. investment property, etc.

I totally agree with you.. a sponsor should be more than willing to let an investor run a background on them and credit. why not its usually a good portion of your life savings. 

From fully automated Kiosks (an ATM looking thing that rents the unit, sets up auto billing on tenants bank or credit card, dispenses a lock if the new tenant wants to buy one etc), to smart phone Apps that do the same thing (except vend a lock) to 24 hour USA based call centers that will manage the business and rent the units for those customers who want a human to talk to (and the Kiosk software, smarphone App software, and call center sofware can all be seemlessly integrated within your business management software.

I checked with both my normal business and personal credit unions and they could not come close to that. 

In AZ we don't have to give them anything but we do chose to give them a pro-rated rent credit if they decide to go elsewhere.

Rich Dad Poor Dad and The Ultimate Beginners Guide to Real Estate Investing always a good one to start out on.

The property is owner managed and very poorly managed I must add.

Many vendors I have called quote less and they take credit cards directly from the owner but to use the credit card through RPM preferred you would have to pay a hefty fee.