My husband was paying our bookkeeper $450/month to do our books (for a small number of properties!!)

From a financial perspective, the numbers look attractive—many of these properties show a Cap Rate of 6%–8% or more, which is quite decent.For example, if a Dollar Store property is listed at $1.2 million with an average Net Operating Income (NOI) of $90,000 per year, financing 50% with a 6.5% APR, loan would still result in positive cash flow from day one.

The key is to analyze occupancy rates, seasonal fluctuations, and what type of properties perform best.

.: Wondering if losses from passive rental income (I.e. long distance property managed by third party) could offset capital gains from stocks? 

Are you looking to buy & hold, fix/flip, or wholesale properties?

I have a passion for entrepreneurial ventures and my goal is to venture into real estate purchasing 3 properties over the next 6 years and launch a property management business at that 6 year mark.

To avoid pitfalls, research liens, check property conditions, and set a max bid before buying.

There is around 500k equity in the property. 150k-200k would get the property fully rented at top dollar with desirable tenants. 100k would get it to where I can rent all the units back out at fair reasonable market rents.

Find the manager first, then find the properties. 

Quote from @Greg Strunak: Hey everyone,I'm going through a divorce and trying to figure out the best way to keep my Airbnb property.