I am still establishing credit.. so investing would be kind of toughWhat are the best tips for beginners?

I will be broker in charge as it will be my brokerage once I get it established.

There is no way to police a transaction and as to damages if an identical method was used, such would be pretty hard to establish!

The tenant/landlord relationship has been firmly established even before they move in.If they don't respect you before they move in, don't expect them to after they are in.

And it's a credibility issue.

It's one thing to be frugal, not have car payments, etc but it's a whole other thing to leave your family and friends behind and start all over in a city you may potentially hate just to establish some buy and holds.

The integration and ongoing access to consulting support may or may not be there in that model.Either using mortgages or establishing joint ventures will work.  

My understanding is I would enter a trust agreement with the property seller and this would establish the initial contract to purchase the property.

If maximum amount is exceeded use HomeStyle Renovation program.Contingency ReserveA contingency reserve equal to 10% of the total costs of the repairs/improvements must be established and funded for all mortgages to cover required unforeseen repairs or deficiencies that are discovered during the renovation.Contractor Validation Contractor is selected by the borrower and approved by the lenderContractor validation will be completed by the Renovation DepartmentMaximum of three (3) contractorsGeneral Contractor is preferred but not requiredFollow state and local requirements for licensing of contractor(s).

You need to establish this before they move in.