I’d like to dive in right away but there’s that FEAR, mainly because I don’t have enough tools yet so I guess I need to be patient investing in myself first and develop the right skills knowledge, and attitude , so as to also minimize risks / mistakes.

This is a word of caution for those people:I read a lot of advice resolving your cash shortage by urging you to pursue FHA loans that require 3.5% down.

Next, we'll test her skills as a PM!

It is almost as if there is no one "perfect investment" and the the ideal investment depends on the goals, knowledge, skills, and abilities of the individual investor...

If anyone (investors) here can help with any pointers of how I can be of value on the site, I'd love to be able to cater my skills and grow my career - I'm guessing I should start looking at the marketplace, but I just wanted to stop by and introduce myself.

So you'll want to find a deal that will increase your equity during the time you own it.Regarding inspections, definitely insist on an inspection clause in the contract to buy the property.Regarding underwriting, not sure how much your CPA will charge you to underwrite the deal on your behalf, but you are better off learning this skill on your own for two reasons:1.

Depending on your background and experience you can then start actively making offers or looking for partners that have a complimentary skill set.  

They definitely do not meet the 1% rule, but there is not shortage of investors in the markets I'm shopping.So my question is, if rents don't cover the mortgage, do I just have to leave my working capital in the property? 

What skills do they absolutely have to have?

The property is in distress, and I have the funds and skill set to rehab.