I believe that some of my skillset is great for development because I have a an analysis background as well as networks within the government.The issue that I am having now is acquiring funding for the properties and not sure how to go about doing it.

My background of engineering along with an entrepreneurial bone in my body (starting & running a lawn care service for 9 years) has had me on a search to find a good way to take hold of my family's financial future.  

Hi my name is Phil Oduse and  I have a UK legal background and am new to RE investing here in the US... 

Also get a copy of the tenants initial rental application and credit/background checks (if available) so you can see what sort of folks are living there. 

Use that military background to push through the fear and start moving! 

I think you're technically looking at an AITD at $85,000.

I guess it wouldn't technical be my first because I rent out 2 rooms in my primary residence, but it would be my first non-owner occupied property.

I have no background in real estate investing beyond a few books I skimmed but am very eager to learn.

It sounds like you have a good background for getting into real estate.  

Question for all of you buy and hold investors: Would you prefer to buy a single/duplex/triplex (not counting apartments) with existing tenants with good profiles (credit, background check, etc), or vacant so you can find your own tenants?