I'd suggest taking a free course like that provided by Pete Reese at Land Conquest to get your feet wet and take some action. 

I would suggest you take a few months and watch the market before jumping in because the market has adjusted the pricing because it's hot. 

I would suggest having an attorney at a minimum review any lease you create. 

Here are a few suggestions on how you can maximize the wealth of information available: Check out the blogs and podcasts, or take advantage of the search feature (magnifying glass).

I also suggest a drive-by so they are not unpleasantly surprised by the neighborhood when they to the showing, and just keep on driving by anonymously as I wait outside.

Study the market.

If you haven't already connected with an investor-friendly lender yet I'd highly suggest that.

@Ambica Pilli - I'm not a multifamily investor in NC, but I would suggest you look at the active listings in the area on loopnet.com and see who are the active brokers.

Starting with three T-12s from properties of a similar size and market is a fantastic strategy, and I’ll definitely take your suggestion of setting aside time to really dig into the details.Thank you for the encouragement and practical tips—it’s advice I’ll take to heart as I move forward.

If Tampa is on your radar, I HIGHLY suggest you connect with him.