Based off of what I have learned I think the following course of action is the best possible way for me to get started in real estate given my age of 19 years old (aka no credit and little money).

Here's hoping it's not a money pit.

If I don't like it or don't make any money by Oct 2017, then I can cancel.Currently, I am looking to buy my first home to live in, not flip or rent.I am looking to learn everything and hope to put it into practice.

@Madeline Burke I get the idea but there are a lot of people I would rent to that I would not loan money to!  

I am also from Bergen county looking to save money in order to get out of the rat race. 

A funny story about that.Our son was 1 at the time and I couldn’t muster up the money from our house sale to purchase 2 properties.

Apart from that, everybody understand the situation and at the end of the day, they wanna make money just like everybody else.Hope it helps.Good Luck 

Also, me having little money, if I was interested in creative financing, how do I approach the buyer/agent gent? 

I was recently at a meeting where the speaker stated that many investors made their seed money in other ventures such as owning restaurants, a professional career such as CPA, etc.

However, he has started discussing that he is losing money every month on this rental.