If you want to project an image of someone who really doesn't give a **** and wants to do the cheapest and easiest thing imaginable, paint everything the same color and sheen.

I understand you’re new to BP (or you’d know who @Dave Foster is and why he could help you) but read your post as someone asking you for help about something you’re an expert and listen how you come off insulting, petulant, and demanding all while being unwilling to answer questions while asking for help. 

Hello everyone,I'm in the Rhode Island market and would love someone qualified and experienced to help/mentor me into when, how and what do I need to get started.

Can someone confirm my understanding of using Stessa and what I plan on doing or give some advice.

Through networking, one may find off-market deals and get recommendations from others who find motivated sellers or distressed homes.Internet marketing: To establish contact with possible sellers, make use of internet resources including social media, real estate websites, and forums.

Also if someone pays taxs through Captiol Gains would one have to pay income tax on said amount of profits?

You didn’t include using a vacation house that is paid for by someone else.

Housing is a major item in someone's life, and is a commitment (you're not just leasing a car, or something).  

The market is really different now then it was pre internet era. 

When someone loses their job, gets divorced etc, section 8 will pay up to 100% (if not already at 100%) of the rent and can adjust it pretty quickly.