Hi - I'm new here. Soon to be first-time investor.

[Ross Cohen]

My name is Ross. I'm planning within the next handful of months to purchase my first rental property with the goal of renting it out for positive cash flow. Perhaps in West Philadelphia, Roxborough, or Germantown area. Any insights would be greatly appreciated, especially a tip that you wish you would've known when first starting out! I appreciate it, thanks so much, and nice to "meet" you. Looking forward to being part of the community.

[Logan Allec]

Welcome, @Ross Cohen.  Here is a tip for you: you don't need the perfect deal right out of the gate.  If you find decent property, and you've run the numbers, and it cash flows, and you've done your due diligence, and you've gotten some advice on it (either locally or here on BP and preferably both), go for it.  I've seen guys and gals who spend hundreds of hours on Redfin or wherever trying to look for that "perfect" deal, and they either end up 1) not buying at all or 2) taking way too long to buy their first property.  Their time would've been better spent getting their feet wet with a good (but not "perfect") deal while they spent those hundreds of hours doing something else, like starting a side business to generate enough income so that instead of just one property you can buy two!