Been studying since about July with my mentor who has included me in her Real Estate Academy.

So not only did she come out of college with zero debt she was also top 5 in her graduating class and of course I told her way back in high school if she did that I would buy her a new car for graduation..

Just have to chime in here and add my $.02I agree 100% with @David Dey, Jacksonville is almost a market you have to live in for a year to find the "safe" places to invest - one side of the street is okay, but on the other side of the pavement - look out! 

a few other things.Heloc and primary residence is in my name solely. new property would be in her name.

It was simply sticking with a plan of buying one property at a time and making course corrections whenever the market/life threw me some major obstacles. 

Putting a plan in writing and identifying obstacles is crucial to your success!!

I would love any tips from you gurus out there, and if anyone else is starting out and have a few questions let me know as well, I love seeing how everyone else is overcoming the obstacle of getting their first project started!

Meaning, you can have as many non-owner-occupied as you want.However, when I brought this up with my seller she simply did not have it in her to continue fighting the HOA.

In her income tax, she declares the price 145K minus selling expenses of 50K.My Mortgage would be of 145K, since this is the selling price on the accepted offer. 

As vast as the knowledge is in here, the only way to learn is to do.