To get a figure on how much you can rent your home for, I think BiggerPockets will allow few rental analyze deal searches.

I figure you need about $50m a month to be profitable, $10-20 breakeven.

We’ve all been in the “figuring it out” phase at one point!

@Loan NguyenRecommend 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 Class A property in Class D area, what quality of tenant will you get?

They've figured out how to take advantage of the warranty policies to benefit themselves.

Once you find that group find some folks you resonate with that are 2-3 steps ahead of you and figure out how to get there!

Figure out how to get this money, maybe you have well-off parents who can give it to you or you may have to earn it yourself.

Before you sell figure out what type of Real Estate you want to go into so you can have a plan and not be tempted to sue the funds. 

Tarek and Christina got sued and so they were in an out of it quickly.. they were just figure heads..

@Bryan Cavellier, You can 1031 with any US property including Guam, the USVI and ...drum roll- The Northern Marianas Islands (go figure but I actually had a realtor from there in a class of mine recently) into any other US or one of those territories.  1031 is a federal statute so it's applied the same in all locals with just a few variations state to state at the state level.