I recommend a more organic approach of meeting other local investors, genuinely taking an interest in what they're doing, and genuinely trying to help them succeed.

I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

Appreciate your recommendations 

You have an affordable place to live, about half your mortgage payment is paid by the renter, you get to dip your toes in the investor/landlord waters, and you are in a market that should continue to appreciate in value.I recommend reading and educating yourself while saving up for the next investment.

Hey @Jyothi Jagannathan The key is to find someone you trust, which is why I recommend using Property Management Finder.

Any favorite online tools or resources you can recommend?

Be very careful with arbitraging...you can search the term on the forums here for reasons why.

Any recommendations and guidance would be greatly appreciated.

I have had a few recommendations for credit unions in the area with great programs, but because my primary residence is in Florida I do not qualify for membership.

I would recommend sticking to one strategy at first before you venture into others.