If paid in a timely fashion,both will improve your credit score.

All the real estate forums, podcasts, You-Tube seminar stuff you have basically wasted your time with hasn't given you any direction, no plan, or any knowledge of business, as most others, you're still rather lost. 

If you're on the gentrification line, you might want to swing a little harder and see if you can improve your tenant pool, but if you are buried between the airport and demarcation line I would probably go as inexpensive as possible.

You can improve it.

The reason behind this is so all of the neighbors can see that you're working on your outside and people will start buying things and improving their own properties.

Wholesaling101 You Tube ChannelKent Clothier – You Tube Memphs Invest channel

Lucky for us, the market continued to improve over the years...we sold it the 2nd time for $143,500.Add up the costs, and the sleepless nights, and we still did pretty well.True Story and My First Deal  and a big education - I never stopped!

I've seen a video on youtube froom "Commercial Property Advisors" saying that it is actually better to buy a 5+ until as opposed to a 4 unit building because then the loan is commercial and the property cash flows factor into the evaluation of the property in underwriting (in addition to you still being checked out for income, assets, debt, etc.), whereas with residential, you can qualify for residential on just your income and assets alone, no evaluation of the property.  

One of my first (of many) concerns will be to not overdo improvements, being as I tend toward, but am not a full blown perfectionist.I'm sure I'll have more specific questions as I go, but for now I'm just schooling myself on the basics here at BP!

Even links to some blogs or videos on youtube would be awesome..