I insist that you complete the Task you were hired for with NO further compensation and I've also written a formal complaint to the "Board of Bar Overseers" over this matter!

Start with BiggerPockets Ultimate Beginners Guide (free).

@Rory DarcyRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

Investment Info:Single-family residence buy & hold investment.

But to the point of this thread, no one can offer a "this is a good return" without knowing the structure and the potential risks involved.I think Jaycee hits on the general returns available in the market. 

I invested in a Triplex in Blythe in February, with good cashflow.

Yes, you can convert the VA to an investment property and buy another one. 

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.

Bigger Pockets is a great place for education and networking. 

Then you can read a more in-depth book like The Book On Rental Property Investing by Brandon Turner or The Unofficial Guide to Real Estate Investing by Spencer Strauss.2.