That combination seems to be a fairly bullet-proof plan.

Only you can answer your first question and it largely depends on the deal and the circumstances combined with your goals and needs.Yes, the are lenders out there that will fund 100% but they will be difficult to find and you will have to give up a good portion of the equity to attract them, especially with someone without experience.

Most of my colleagues actually combine the two by sending out yellow post cards.

You can go to the paint store and look at the combinations on the color cards, just remember that the brick color is a given, so it needs to be one of the colors!

Looks like a lot of money to spend just to eliminate the heating bill.Ductless mini splits are heat and A/C combined.

We're talking about seasoned investors who are willing to share their wisdom to help out, combined with your own initiative to read every book possible :) Basically, think of the entire BiggerPockets Forums as a sort of "mentor" in itself - where you can read books/blogs/etc and then ask questions - and get advice from real investors, not paid gurus.

Real estate agent surf online(what sites do you reccommend) or a combination of both?

No compute is immune, but a combination of a more resistant OS and being careful about sites and emails (don't click if you are the least bit suspicious) will keep you out of most trouble.

There are lockboxes that are fastened to walls or door trim or porch railing with screws, for roughly $30 at the local big box.http://www.homedepot.com/p/Master-Lock-Wall-Mount-Set-Your-Own-Combination-Key-Safe-5401DHC/100176033#.UjEtpdK1Hjsthen there is this for a door knob:http://www.homedepot.com/p/Master-Lock-Portable-Set-Your-Own-Combination-Key-Safe-5400DHC/100124915#.UjEte9K1Hjs

If the combined current LTV allows for both positions to recover, then you see a higher price paid for the loans as they can likely recover more or a larger part of what is owed.