And will you be utilizing property management firms to help out? 

Try interviewing at least three managers.1.

For example one person could manage paperwork and another person could be boots on the ground.

If a dishwasher is 15 years old and the tenant destroys it, you can't really charge them much because the appliance is beyond the life expectancy.To learn how to determine charges for cleaning and repairs, you can read my book in my signature, Brandon Turner's Managing Rental Properties, or NOLO's Every Landlord's Legal Guide.

That means learning how to vet a manager.

There are some bad ones out there, for sure, but there a lot of good ones that, if leveraged property, will help you scale and grow your portfolio sooner than you think.Good luck!

With my own portfolio I generally underwrite with 10% for repairs, 10% for cap ex, 5 percent for vacancy. 

Also thinking about wholesaling as a means to build capital  @Makani Donaldson Do you know anyone in your market that owns MTRs and LTRs that manages their own properties and needs help?

Wickman class's were aimed at helping RE agents get to the next level and since my wife was a top producer and managed 70 agents she was very good at it.. 

A VA can help you compile lists of potential wholesalers, manage follow-ups, and even track responses from your marketing efforts—freeing you up to focus on high-level strategy and deal analysis.Hope these ideas help!