You can include the renovation budget in the loan as well.

My goal is to find a property that rents well and offers decent appreciation.I've narrowed my search to the following Sacramento area neighborhoods: Citrus Heights, Carmichael, Fair Oaks, Orangevale, and Roseville.

Quote from @Jacob Sherman: won't be able to occupy the property if its for business purpose . would have to get more of a private lender or have the seller finance 80% and you provide them 20% down  Well, hmm. 

I have to push cold calling as well, maybe if Zillow rental by owner listing.

She has been in the business for well over 13 years, has strong negotiation skills, and a good eye for what clients are looking for.

As much as 70% of the deals wholesalers bring to title, don't close, so you could very well loose your earnest money, as well as any expenses you put out for inspection, option money, contractor bids, survey, etc. 

If you do own both units, well then you can always address any lease violations with your other tenant as well. 

To get into real estate investing at a young age with strong credit, think about plans like living in one part while renting the rest, making friends in the field, beginning with bite-sized properties, using savings and credit well, and eyeing areas that might grow.

Well, the way I sort of analyze these things is my job is entirely doable remote. 

I know plenty of people make loans to family and do fine, but consider the non-financial risks as well.