I have joined a couple of groups on FB, and connected with some other people here.

Digitize physical receipts for easy storage and use a consistent naming convention for easy sorting - 2024.03.25 Home Depot.Maintain proper records, such as contracts, settlement statements, and promissory notes.Additionally, you can track income and expenses consistently using software or spreadsheets.As you scale, if bookkeeping isn't fun, consider hiring a bookkeeper for a couple hundred bucks per month.

Capex and tenant issues tend to exceed cash flow and when you decide to exit after a couple of painful years, you are in for another surprise:It is shockingly hard to sell cheap homes! 

@Bill B.Here are a couple more things to think about.

I am planning to build a business to replace my income in couple of years so as to have monthly cash flow equal to my W2 income.

Historically, properties have appreciated more in A locations, but the cash-flow is nonexistent in the first couple of years whereas C locations cash-flow day 1. 

A suggestion I would give you is to find a couple "for rent" signs in your local market, get the address and start "running your numbers" on the rental property calculator that BP has for us on here.

Couples who fight through difficult times end up happier and healthier.

I have a copy of your book and have been making my way through it for the last couple of months.

Some of those guys made hundreds of millions in a couple three years.