I just read a forum post about someone becoming a distributor for windows and similar products and he has been able to gain substantial cost savings.

SF and MF are two totally different worlds, so the experience that you are gaining in SF will not necessarily guarantee you success in MF.

Finally, if you rent the house out, when you sell it you'll have to pay capital gains on the appreciation.   

good property management is worth their weight in gold.  

Tax-free gain is something to consider.  

So, making money now would be nice, but helping this family and gaining some real life knowledge is equally valuable right now.Thanks for reading!

Hi there everyone was wondering if I should take a 3 month accounting course to gain knowledge or just hire an Professional CGA once a get into real estate investing?

We have cash backing and would like to gain more knowledge before we make a decision.  

Ultimately, I'd like to gain an understanding flipping houses, no money down purchases, and rental properties. 

Not only will you save money but you will gain an understanding of the work that goes into a flip so that as you develop your team and systems later, you'll know which jobs you'll want to keep doing (if any) and which parts you want to hire out.As an example, I typically do the initial clean out and removal of old light fixtures and appliances so I can get a good feel for what all the house needs.