Most people think to ask about interest rate and points but may not ask about fees like underwriting, processing, application, commitment, credit report, attorney, inspection, construction draw costs, etc.  3.

Your on the right track - soon enough you'll be on your first deal :) 

Save cash, pay down debt and build a 720+ credit score + LLC with 80+ credit score if you want to do commercial.

That might be an appraisal fee (by another name), or it might be a full credit package (tax returns, paystubs, etc etc) from you.

I have a couple thoughts and wanted to see what this wonderful communities perspective/ advice is.I am 29, recently married and no children, I have no dept, the only asset I have is my vehicle I have 750+ credit. 

I don’t think I have much of a credit history in the US yet.

And if you want good tenants with decent credit scores and high income they are not very likely going to be paying top dollar rent in the "rougher part of town".

Sounds like you're on the right track!

I hope to receive the historic Federal and State tax credits.

Why would you ignore that while putting all your eggs in one basket.I would put $100K down on a 2-4 plex, $100K into 3% CDs and gold stocks to weather this trade war storm (2018), and put the last $100K into my own business as a LLC that could be used in Year 3 to play in commercial real estate (5 units or more).In the mean time shoot for a 80+ business score and 720+ personal credit score while seeing if we're heading into a recession.