@Cedrick McKinneyWelcome to BP, and congratulations on making the decision to invest in your future via real estate.I have written a few blog posts that may help you get started here on BP, and with your investing.

Maybe in the future. 

I also think it is a good idea to minimize your taxes now, while positioning yourself the best you can for the future (where everything is an unknown).It certainly would not be a bad thing to also use your retirement accounts to invest in real estate (as long as you are very careful to follow the rules- avoid self-dealing!). 

If you feel as though you will do more deals in the future but with a different ownership structure or people as owners, you can consider creating a new LLC then.You also might want to be sure to check with the lender that they will loan to an LLC. 

If I state that I want to receive gold/silver in lieu of the USD do I still pay tax on the proceeds of the sale?

It really gave me a new direction and a hopeful attitude toward my finances and to my future.

I look forward to see where this business can take me in the future .

I've read that you can include future rental income on an FHA application, but can you include the rental income from the previous place? 

I currently attended Gold Coast & passed my real estate course exam.

It's like getting a pat on your head and a gold star on your paper from your teacher.