In essence, I am using the banks money (my credit card) to buy all of my every day items and simply paying my balance statement every month.

Also, think about the credit card and loan (if you have one) apps you signed along the way.

There is the wild card of government intervention, which you pointed out.My point was that as a first investment, making an appreciation-only play is ill-advised.

I do have my business credit card though.

@James BoprieYou can use private lending, hard money loans, personal loan, credit cards (be careful with this), borrow from family and friends, etc.  

Just finished paying off all credit card debt as of January.

Such as demography, credit card payment history, maturity of the loan.

I went through BP post and found a checklist https://theresabradleybanta.com/wp-content/uploads/2014/03/Checklist-Before-You-Offer.pdfParallelly  I want to approach existing tenants and want to ask about issues with the property like - existing repairs  - recent inspections - soundproofing- any issues with HVAC, electricity, and plumbing - also about an existing landlord - their current rent and lease agreements. ( just for a reference as I'll be requesting Schedule E or 1065 form from the existing owner)  Since I'll be knocking on their doors and asking them, I might be shunned away or not welcomed, so I was wondering if there any tips you all can share which would help me approach the tenants Would offering them a chipotle or subway gift card for 15 mins of their time, a good idea?? 

I would consider a HELOC but that can be dangerous for someone just starting out because it's essentially a really big credit card that makes it too easy to spend the money and dig yourself into a hole.You could do a refinance to cash out the equity.

What is a quick way to make money.i make 40k/year salary and about 25k-30k of that goes to credit card debt/college debt/rent/car lease etc.Currently, im making decent money in the stock market trading options.