you’re on the right track. just hang around this website & when you’re old enough go ahead & pay for membership at ur local real estate investor group in ur city- every city has one. google it. whatever you do start saving mad cash & get good credit. work hard, save the money & house hack. get a 2-4 multiple fam when you graduate high school with ur saved cash & good credit. 

Without doing a lot of deals it’ll be hard to really know the industry from the inside, the contracts line by line, the local market on a house by house level, or master negotiating skills, or know how to avoid bad situations etc.

This may not matter other than demonstration that you weren't doing as good as you thought and you're not as bad off now as it seemed relative to what you thought. 

Savings, credit cards How did you add value to the deal?

We ultimately ended up negotiating a seller credit for our buyer, for the cost of having the property tented for termites - maybe this is an option for you.

I desire to dismantle systemic racism that allow bad areas to stay bad).Anyways, this opportunity came up and it's a crap shoot but the downside is controlled and the numbers look REALLY good on the upside 

This could be through finding ways to increase the rent on your existing properties, taking on additional work, or finding other income streams.Reducing your current debt levels can also improve your DTI ratio.Improve Your Credit Score.Look into various financial institutions, including community banks, credit unions, and online lenders, which may have different criteria or offer programs for investors.Since portfolio lenders retain their loans in their own portfolios rather than selling them on the secondary market, they are able to provide greater flexibility.

House #1 is rented out - tenant met all the requirements (income 3x the rent, over 600+ credit score, no evictions) when the PM screened rental applicants.

I know there are loans that consider rental income in order to qualify (credit is good).

They don't charge application fees or security deposits, don't do background checks - they take ANY S8 tenant no matter how bad they are:(You really want Class C and B-minus areas for solid S8 tenants.Let us know what else we can assist you with.