Our coach we've been working with mentioned that wasn't necessary, as our offer will end up being way too low, but the more I read, the more I see people saying it's vital.

I sent him an application, and asked if he could have it in by January 31st, as we will begin our management duties as of February 1st.

This is where you start to take the investment's vital signs: Is the cash flow adequate, is the debt coverage ratio strong enough to secure financing, etc?

Because I have no experience I would appreciate any info on such topics as: financing your investment, renovation/repairs, risks, tenant selection and eviction processes, and landlord duties.

Welcome Lindy,Don't rule out Durham, some great MFH opportunities there too.You mention VA vs FHA, are you a veteran or active duty at present ?

I've read a few posts, blogs, books, and listened to a few podcasts here on biggerpockets along with a few books on investing.My plan as of now is to buy a piece of property every station I get assigned to and use it as rental property when I leave that said duty station.

Separation of duties is the best way to reduce the chance of fraud (i.e., do not let the same person handle all of the money coming in AND all of the money going out).On the other hand, if you use professional management, please make sure they are reputable (e.g., licensed agents, members of NAR, members of NARPM, active on BiggerPockets, etc.).Whether you self manage or have your properties professionally managed, this unfortunate event is a great reminder to surround yourself with the best team possible.  

I am active duty military in Salt Lake City for 2 more years but my place of residence is Lindenhurst, Illinois (40 mins from Chicago).

Does a landlord have a duty to disclose to tenant if landlord installed one of those listed toxic laminate flooring from lumber liquidators in 2014?

And then have plenty of family duties.