Additionally, how to use the paperwork to close the deals is unclear to me, and the author Tingle does not support his course.

I'd say run numbers on target properties, calculate your ROI, monthly costs, monthly income, etc. to see if it makes sense. 

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.

To be clear, I’m not against financing, but since I don’t know too much about what I’m doing I feel like it’d be easier to own a property outright and get some experience with landlording to determine how much financing I’d be comfortable with after maybe a year’s worth of rental income.

Despite the Interest rate and Housing Crises, there are many people who are realizing the importance of Cash flow and Passive Income, and with current Interest rates, is it Realistic to seek a Cash Flow Positive rental investment, considering that you have bare minimum equity in the Property?

We accept viewings from anyone that is pre-approved (self-identifies as meeting our criteria, this should NOT include income as it is a Fair Housing violation.3.

The cashflow is always nice cause it's viewed as another source of income and who doesn't like additional money.

He needs to show verifiable proof of income to confirm he can afford the rent.

There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.

Additionally in comment above, before making any decisions, it might be beneficial to visit the areas and possibly meet with a local realtor or property manager.