Podcasts are a great first start, but you should spend a significant amount of time reading some books, the forums, etc.

Don't just read the lease!

No where have I found any advise on whether or not getting a law license is worth it for a scrappy two bit entrepreneur who's trying to cut down on title costs and create his own contracts. 

Some Auction.com properties even sell without an inspection contingency.Highly recommend you read the fine print, and contact Auction (or the listing broker they're working through, if you can find it) to double check the details on your specific property.In general, though, yes - you usually get your earnest money back if the deal falls through.

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

To start your tought process read the file I have linked off my profile 1st paragraph:  How to buy a bullet proof portfolio.Next search for discussions on turnkeys in Memphis.   

Whether you can pick your own title company depends on the specific auction/bank/property/state you're in - make sure that you read the fine print and have the option to select your own instead of being stuck with the bank's choice.Title insurance covers you if the title company says "no problems with the title" and then it turns out something was missed down the line (e.g. an outstanding lien or something).

I've been reading about FHA for a while now and found that some bank or programs may even gove you the down payment but I hardly hear people talking about it.

I was reading your posts and I noticed you have several properties.

Even if I name my spouse as the Registered Agent, I read that the Agent has to be in the same state as the LLC - if I purchase a rental out of state, does my LLC have to be in the same state, therefore my spouse can't be the agent?