Loan sizing varies by market, but in most areas your loan will be sized to 75-80% LTV; 1.20-1.25x DCR; 30-year amortization.

Are you in the market for contracting work, or are you doing your own projects?

Are the tenants paying market rents?

I’m currently operating in South Georgia market. 

What markets are you looking at?

Quote from @Shayan Sameer: Quote from @Samuel Diouf: Columbus, Ohio is a great market to consider if you're looking for appreciation markets that still have cashflowing deals under $200k.

Hey- We also love the IL and specifically Chicago market, here are a few ideas for you: 1.

Anybody done that sort of marketing?

Quote from @Lee Banks: Hi my name is Lee I'm looking too buy my first rental property and but I feel as if I need a mentor to watch, I still need to learn the basics of real-estate does anyone in New York do programs or mentorships and where would you start if you first started real-estate today  Hello Lee,I'd recommend looking up local meetups here on BP, meetup.com and, eventbrite.You can also call around to speak with RE investors and professionals in your target market to begin making connections.With so much available information online, I'd recommend speaking to a few people and doing independent research before committing to mentorships.

The next step is to take action—start analyzing deals, networking with local investors, and narrowing down your target market.