BP is an awesome community to learn about the many different facets of real estate.

BP because it's an awesome place to learn more information about a subject that has a lot of facets and Denver because the weather is amazing, the food/art scene is pretty great and there's a lot of healthy/cool people that live here.

I’ve never come across a larger gathering of like minded people who are all so willing to assist one another in every facet of business.

I think that you have a specific competitive advantage over casual investors in that you work full time in the field and can create opportunities based on your knowledge disparity vs the general public and should be looking to capitalize on that especially if you don't have millions in the bank.I took a similar path and it has been extremely beneficial for both facets of my business. 

Real estate is a many-faceted asset, as you know.

I think that I would look into all facets of RE before jumping in.

It's the nature of the business.I wouldn't recommend hiring an agent since most agents aren't familiar or comfortable with the areas you would be investing.Your best bet is to find professionals in all facets of the process in the market you choose then fly in to town for a couple of days.

So far, I've really learned a lot about the many facets of deal analysis and in particular, the components within the Bigger Pockets calculators that I can safely assume on...

Increasing rent is a very basic facet of this business and if you do not know this, I assume you do not know the rest of your local landlord/tenant laws. you should not proceed in this business until you fully understand your local laws, and how to operate within them. now to answer your question, any motnh to month lease, oral or written, usually requires 30 days notice and one full monthly rental cycle to change or end the contract. that means if you want to raise rent on May 1, notice needs to be given by March 31.

Now, for a beginner, my classic approach is to house hack because you get some hands-on experience with most facets of real estate investing without fully jumping in per se.