First of all, this is a great idea and it's never too young to start. I started investing in real estate as a sophomore in college.

It's tough to get started but not impossible. Research creative financing and ways to get around having to come up with a big down payment. There's owner financing, first time home buyers systems, you can get cash after the closing from the seller if you set up the purchase agreement correctly. Also, ask family members or people with cash to either be a signator on the note or contribute cash in order to become a partner. You put in the sweat and the knowledge and they provide the cash. Taking on partners is sometimes a necessity. This can be very profitable and a solid investment. You have to have a long term plan and stick with it. You most likely wont see a lot of money until much farther down the road. Don't buy for appreciation, buy for cash flow. You won't need your license to buy and sell real estate for yourself or your company, only to represent other people. You won't get a business loan or personal loan, you will get a mortgage. Your newly started LLC will have not assets, colateral, or cash so you have to sign personally. Then you can think about converting your deeds over to the LLC for personal protection. This costs money and is sometimes frowned apon by banks. Don't settle for only paying 90% of your expenses with rent, make a profit. Take your time to find a good deal and haggle, you don't need the house but the seller may need to get rid of it. Look at 100 properties before you choose one to buy. Good luck and no matter what, always make your payments in full and on time.