As @John Thedford would say, and I 100% back this up, If you don’t have the capital or the financial disciplines, get your finances right, get your license, work for a property manager or a broker, get out there and earn some income while you learn the realestate industry and meet people like, investors, experienced agents, property managers, and landlords.

You must discipline yourself to carry no debt other than your investment properties.

I STILL live at home and my parents are urging me to get out of the house but I don’t want to make a big financial mistake and purchase something out of emotion.

Motivation is not a logical thing, it is an emotional thing.

There are many sources of property out there and any will work for flipping if the numbers work . . . avoid emotional attachment to a property and never underestimate what renos will cost.

I realize that you are emotionally invested, but don't be afraid to walk away.

Don't get emotional about getting the property.

But they don't ask about learning financial responsibility and discipline. 

Its a rental, a rental is a tool, to make money, end of story, so many get to emotional.

@Eric SamuelsControlling your emotions.