Hi @Ken Almira - once you have narrowed your market, make sure you build a team from the start so you'll get the best education in that particular area.

Rewey: Great post topic...I'm going to pop some popcorn and will be back for the show.Just to get things rolling.

Going to give this a listen and get back with you. 

You will be the sole-decider in the project and you'll get great experience and hopefully make some money. 

So in the next few years we could have a recession happen and the investors with investment grade tenants with fixed payments knowing what they are getting that is  very desirable to a lot of people to own those assets.  

Read Landlording on Autopilot by Mike Butler to get started.

This gets people burned too many times by getting comps from a wholesaler, believing the comps, and then trying to sell it at that outprice that the wholesaler/bad agent gave is a huge miscalculation.

Stay consistent, follow up relentlessly, and don’t get discouraged by setbacks. 

If for some reason they can't get this sorted out by the next payment date, you should figure out how to physically escrow that payment somewhere...this at least protects your payment until you're confident who it is supposed to go to in the future. 

Have a conversation with a CPA to see if you will benefit from the cost segregation before getting it done.