I would say NO, do not spend your money or your parent's money on any real estate training.

This depends on the lender and what is charged in the orig fee.

You an use this if you are either looking to invest passively, or, if you are raising capital, refer back to it, and focus on these three pillars:The biggest mistake I see passive investors make is they focus on the deal, what's my return, when in reality, that is the last pillar they need to focus on.

Many advisors don’t understand the complexities of real estate investing, fail to provide tax strategies, and, unfortunately, some are more focused on selling products for commissions rather than offering real value.That said, not all financial advisors are the same.

I just picked up the book on investing in real estate with no (and low) money down.

So you would be getting a hit of $1,642.5 per month on the properties based on the numbers you provided approximately.

You have a leg up on most in that you understand regiment, organization, responsibility, and dependability. 

You would be putting too much risk on a new area that may or may not work.A 4-unit property has 4 furnaces so you could have 4x the cap ex as a single-family on mechanicals.

I met with a seller, and we have verbally come to an agreement on purchase price, interest rate, down payment, term length and monthly payment.

As Zach said in his post, 80% is the max LTV on a rate and term refi.