We don't know about about the specifics of your financial situation to give you meaningful advice- if you make $500k per year at your day job, it's probably not an issue.

I just wanted to give a few quick words of encouragement.

that come along with it.In order for this type of advice to be meaningful, you will have to work with a CPA who can dig into the numbers and have a conversation about your goals to ensure the structure is right for you and your business specifically.

Most people (I suspect) here will encourage you to leverage more than you're suggesting.  

However, from what I took from Brandon Turner (Bigger Pockets) for newbies, he encouraged that there’s ways around this as a beginner.

I am a new investor to real estate and the reason it captured my interest is because my mom encouraged me to venture into it.

I highly encourage house hacking for a lot of the beginners. 

Hi BP, I'm thinking of adding a detail to my standard NC lease that would encourage tenants to pay early.

Most these days don't want to see an LTV over 80% total for all loans.My encouragement to you would be to start out learning about how to buy real estate profitably without actually buying any, and meanwhile be saving up for that first deal. 

My apartment complex didn't change any rules either, they still required rent and encouraged student loans if they could't afford rent.