Mind you we could only do like 3k down so we'd need a loan to fund the repairs as well, but we have great credit and only own one home as of now.

Preferably as soon as possible.When I met with the seller that's when negotiation takes place and an offer is made.Have paperwork in hand when you go of course

But I don't believe those risk apply to me because I plan be an owner occupant, I have a pretty good credit score (720)  and a combine income with my spouse of 70K (no children yet). 

Does anyone have any experience with the online Indiana Broker Course offered by REAL University?

Or of course you can focus on being an agent to build up enough capital to invest with.

We have awesome credit and our DTI is beyond great. 

I am interested in trying to avoid the UDFI, but it looks like I may not be able to.So what would be the best course of action for someone in my situation...SOLO-K or SD-IRA (with or without LLC)??  

You should be provided with a HUD sheet that breaks down all the expenses / credits on it, before the closing, you will have to pay county and state tax, filing fees, transfer tax, etc. 

My credit has been hurt by some personal situations.

Of course I had a career back then and, while it was a challenge, I got it done.