Starting out, I would focus on doing one deal at a time so you don't leave room for errors. 

Bill

Bill

You could read 100 books and still need to learn more because certain things must be learned through trial and error.

The information he gives is correct information, save for natural errors here or there that anyone would make.

We have programs that we readily pay your; grocery bill, rent, cell phone, internet, spending money, health insurance, Rx coverage, day care AND to boot not only do you NOT have to pay diddly-squat in income tax's that the rest of us subsidize (pay) for you but we even send you a big fat check each year if you have kids. 

(So you don't help to build up the rest of our medical bills through the medical system of course.)

An IRS lien, code violations (weed abatement, grass cutting, boarding windows-doors, and demolition costs), HOA fees, water- sewer bills all go along with the property providing the property has any of these. 

If it was municipal water, I would bill the tenant back because the cost would be variable based on usage. 

They then issued a special assessment where each owner got charged a percentage of the total bill that included the expensive sewer line replacement, but our portion was less than we would have paid to fix our own unit, so we were fine with that.