Buy a house, advertise it for rent, hold an open house, take applications, screen your prospects, and sign a lease with your new tenant.There are several books and websites (biggerpockets.com) that will help with the details, but in a few short months, you'll know more than any course or guru is going to teach you.

Once the repairs/updates are done and the place is furnished, I believe I'll advertise it as a VRBO.

Preemptive strike here, folks, since posts like this all to often turn into an advertising fest.

And of course a 'John Raney' conveniently replies to their threads hyping this app thus (what I believe) advertising this software.

Found this ad on craig's list advertising the sale of the McGill mansion in McGill, Nevada.

Saw a bandit sign on the busy intersection advertising turn-key rental properties in Georgia.

It never ceases to amaze me how poorly they are advertised.

I've looked at renting it but the lease option looked like an attractive additional tool, I may advertise it as both a straight rental and lease-purchase, I'm still trying to figure out what makes the most sense and that's why I wanted to bounce it off against your expertise here.

Here are some other things that will cost you money over the long-run of holding a rental:- Capital Costs (replace roof, HVAC system, etc)- Turnover Costs (cost to clean carpets, paint, etc when tenants leave)- Rent Loss (sometimes tenants just stop paying and it takes time to get them out)- Concessions (sometimes you need to offer incentives -- like first month free -- to get tenants)- Utilities (during the vacant periods)- Lawn Care- Accounting / Legal (assuming those things are important to you :)- Advertising (if you need to pay to find tenants)- Property Management (if you ever want someone else to manage for you)I'm sure there are others I'm missing, but those are the big ones...

I have a good website already, and I'm looking to get going but I'm having a difficult time getting them to go to my website and advertise my website, I know you are not supposed to post a link to your website on CL, because it will get taken down.