While it's great to account for this, I think an even more important thing to account for is good long-term tenants.

I would have made more money by just putting my money in a online high yield savings account. 

Specializing in how to use your investment accounts to invest.

Mind you there is a way to protect yourself against the risk you mentioned: using an escrow account.

How can I wholesale a property that has been foreclosed by the bank or Credit Union?

We held on to it for 3 years and I was able to great credit at 23 years old. 

They submit a form with your account number and the amount to be taken out on what date of the month.

HELOC or line of credit allows you to tap into your funds anytime you want and you can pay it back the used balance + interest.

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

I do not have credit but I have been trying to remind my dad to help me get a credit card to build my credit.