There are also many accountants and bookkeepers that could help you get set up right and make it much easier to keep this all organized and optimized so that you can maximize your deductions.

If we had a previous relationship through a REIA and you pitched a deal this way, I'd be suspicious something else was up right off the bat. 

I personally prefer using the map tool in areas that I'm interested in, because searching by zip code is too broad, and when searching by subdivision, properties will sometimes pop-up right outside the border of the subdivision, and I don't want to miss those.In the search results you will typically see the results in green color on the map, these are the properties that are currently available for sale, and the yellow/orange listings are properties that have been already sold, or have a contract or option period on them.

or are those to dried up right now because of how hot the market is?

That ends up right at the 50% rule for expenses.If you figure $1300/month income, 50% expenses (however you divide it up), and your mortgage payment (P&I) will be like $400?

Thank you Pavan for the response, currently building knowledge so I can develop a plan of action, been reading everything I can, just finished Rich Dad Poor Dad, been following real estate since Carlton Sheets,but actually taking action and moving forward is aa lot more intimidating than most make it seem, really scared of screwing it up right from the get go.

@Frank Brown You need to lawyer up RIGHT NOW, and be sure you get an attorney who specializes in real estate.BTW, it's a "quitclaim" deed. 

I got a citation, he called me up right away, and told me the garbage they found on the sidewalk was left behind during garbage pickup when then dump the garbage from the pails into the truck, and the wind blew the stuff back onto the sidewalk.

If I hire a manager today and a heating system goes or the roof leaks, well, the manager is still going to have to call me up right? 

I've been spending more time taking notes about what I see when I go into the basement, as this helps me make an itemized list of construction issues I'll likely need to confront- IE exposed wires, moisture, pipes that don't connect, panels that aren't set up right.