I wrote a post about it a while back:   https://www.biggerpockets.com/forums/223/topics/161894-1-really-good-idea-for-newbies-to-get-in-the-game--its-not-wholesaling

As a result of my growth I got started with quickbooks as I wanted to track everything correctly and use their invoicing feature to bill my tenants and receive rent electronically.

Good or bad.hey leo. i'm new to the game, what would that entail exactly?

If you're buying to appreciation then you aren't investing, you're speculating; and you need an even bigger LTV spread if you're going to play that game. 

You will learn, hopefully not the hard way there are some ethically challenged people out there in the REI game.

It's like a chess game... anticipate many moves in advance.

Building a team Depends on everything you guys are trying to accomplish..I will  start simple A game Plan Goals Exist strategies Good Legal Expert ( lawyer ) Real Estate Agent ( find deals ) Inspector Property management ( if  you plan on holding or making rental Properties)Wholesalers ( they will bring you properties )Handy Men Contractors ( you guys might not do it all ) Private lenders/ Hard Money

So we can seal some wholesaling deals, and preferably agents that know the game of wholesaling.

Ervin, Most lenders would prefer you have some skin in the game. 

With your credit, they may want to see skin in the game from you and/or they may not give you any money for the repairs; or cash advances.