Alright so this is my situation.. I'm 25 and work as a waitress, don't make much money, don't have a lot of money saved and have built absolutely zero credit. I live in Stephenville Texas which is home to a big D1 university with a lot of college students and rodeo people that rent year round. What I want to do is buy a property with land for horses as my primary residence that I can fix up over time, rent out rooms and horse stalls to tenants and then have this be my first investment. Obviously my problem is money and being accepted for a loan, but I am not worried about my mortgage being paid off over time by having tenants, because rental properties with horse accommodations are hugely sought after and get filled up very quickly due to the large rodeo presence in this town and college kids. I have someone that would maybe pay for the down payment and closing costs, but how what would be a good plan in paying them back?

So what should I be doing to make this possible for myself as a first time investor and what would be the best way to achieve this.  I am very new, but just want to get started.