Most people spend 1-5 years "learning" or "getting ready" be sure there will be something to show 5 years from now.

Pros - My PM is fair and honest, makes reasonable decisions, is a decent handyman, builds valuable relationships, is easy to contact, is very cost effective, strong and handsome.Cons - My PM tends to read the news and drink coffee too long in the mornings, takes too long for lunch, randomly stops working in the afternoon, will spend 8 hours working on something that takes a professional two hours, drives a crappy Ford Ranger and buys work clothes at Goodwill and is neither strong nor handsome.

I certainly think it would be worth your time to spend half a day looking at some possibilities. 

I have actually seen someone who invested all their money while the wife would just work her 9-5 and spend her money as she wanted, just to have her divorce that person and take half of everything.

and recently, I've been spending a lot of my free time reading books on investing in real estate and listening to podcasts here and there.

For $50 why not, but be advised that whether you spend $50 or $2000 it’s not going to provide 100% protection.

If you would allow me to spend my two cents, I think I can help stretch your money a little farther.A lot of banks do want 15-25% down on the purchase price and will often loan 100% of the renovation on top of that. 

Spending $100 for a professional photographer may get you a higher monthly rent or fill the vacancy faster. 

In other words...how would you suggest two 20-somethings with no assets and/or liabilities and decent 1099 incomes structure household income/investing? 

Best advice that was passed on to me was to make sure you spend a lot of time getting this number right.