newbie in SE Michigan

[Brett Russell]

Hi Everyone
My name is Brett Russell and I live just outside of Ann Arbor, MI. I am a (relatively) young professional but have always been interested in the idea of passive income. I have started looking at RE investing a couple of different times, but never took any significant steps until now.
I'm completely amazed at all the information provided on this site, the blogs, the podcast etc and trying to digest it all is pretty overwhelming.
At this point, my main activity will be buy and hold investing, presumably after doing some necessary rehab. I think there is still good opportunity in single family homes in this market, but certainly could see doing multifamily properties in the future as well.
Currently I'm trying to get all my ducks in a row such as entity formation, talking with realtors/property managers about fine tuning my niche market and, of course, furthering my knowledge base, but I'm worried I'm gonna make myself too busy with all that stuff and postpone actually finding and executing a deal to start creating some income. Any advice on balancing the "Ready, Aim, Fire" approach with the "Ready, Fire, Aim" approach?
I look forward to being a part of this site, learning a ton, networking with everyone and contributing when I can.