Proper training and oversight are critical to your survival.  

Foreigners are still a relatively small player in most cities in the US (except NYC and some areas in SF and LA) so the domestic buyer remains critical to prevent a potential correction in the US real estate market.

I'm 22 years old, and I work full-time as a Trauma Critical Care Registered Nurse, I attend school full-time, and I am a Staff Sergeant in the US Air Force Reserves.

As Wayne mentioned, where and what you buy is critical.

So the most critical time frame is the first 45 days because after day 45 your list is set in stone and cannot be changed.If you're asking how long you have to hold onto a property before you sell it and do another 1031 exchange then I would tell you that there is no statutory holding period.  

But as someone who is planning to buy and hold, probably isn't as critical to renters unless they have kids themselves.Will - I like what you said about the potential for longer term renters if they have school age kids. 

I zipped right to the credit handout and I am a huge critic, lol, being in credit education makes me nerdy that way.  

Any advice or criticism is greatly appreciated thank you. 

Most critically, not buying in a flood plain is a good idea.  

And seeing properties is critical because more repairs needed lead to more negotiations with the seller for a better deal.