this is why the appraisal is so important. 

There is so many things to do not sure where to start.

There is so much information out there... it is very easy to get overwhelmed.

What is your goal to flip or keep and rent Personally I would not be interested in flipping as there is so little potential profit especially for a first oneIf for rental how much will it rent for?  

The driver's license is so they know who they are dealing with and a copy of the deed to show you own the property, although in most cases I think they could verify that easily based on assessment records showing where tax bills are mailed etc.

You could also ask for the seller to credit you for "repairs" on the HUD/CD rather than rents... unless you've already maxed out the allowable seller credit in an effort to finance your downpayment (as is common these days).If you truly, in good faith, intend to occupy the property as your primary residence, and you've confirmed that the tenants are already planning to move out, then it's questionable whether it's mortgage fraud to collect the rent for the time they pre-paid before moving out.It's questionable... but it probably is, so it's definitely a question for your attorney.

I would try that route before using hard money because the money you get has an owner/occupant is so much cheaper.

It is so helpful.  

NJ is so hot right now its not even funny.

Being new you may not have any idea what your ultimate goal is so you may want to look to careers that can give you the widest range of skills possible.