Check out the Neighborhood Assistance Corporation of America (NACA).NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.com

And depending on the offers I get for selling or renting, I can decide whether I want to sell the property or rent it out. 

Depending on what brokerage you join you will have monthly office costs, and pay a percentage of your commissions to the brokerage.

@K S.It might depend on if your PM company does all the management.

It depends on what you want to do and how much time you have to devote to real estate investing. 

Both times the tenants had renters insurance in place which took care of the issue so my client (the landlord) did not have to get involved nor make a claim on the landlord policy.We are very much in a hard insurance market right now - many carriers will not accept a new policy from you if you have a property or liability claim within the last 3 to 5 years (depending on the carrier) so you really don't want to make a claim right now if you don't have a large loss or can get it sorted yourself.

But this all dependent on finding the right deal, right neighborhood etc.

Even in that case we can get one turned around in 24 hours depending on the complexities. 

It depends on how much liquidity you have and how quickly you want to build up your portfolio.

Lenders will still look at your credit score for the loan.