I would bet money they will double.  

Your best bet is to get the owner's permission (in writing, preferably on the contract) so you don't have to worry about any legal ramifications or people getting frustrated that you're advertising or showing a property you don't own. 

I would check up with your town zoning laws to see how this works  I think most investments require 20% down, but I bet some with more experience then me will be able to help you out!

I would bet that rock is mortared on to a brick structure.

People are creatures of habit and a large number of individuals that go bankrupt often do so again.  

Best bet is to learn as much as you can and build a network...

But as a safe bet all you need is like $50k. $50k will likely buy you a multi million dollar apartment building, which again will set you up financially for life.

Obv- my best bet is to touch base with an accountant but I was just wondering what everyone else's experience has been thus far.

I bet you thought it would be more involved.

In most markets the gatekeepers of the MLS are realtors (in some areas its the title companies), so, yes, networking with a realtor is your best bet.