And I see all these people doing it with this scheme and that scheme, and real estate investing content seems a golden ticket. 

All else being equal, lower mortgage rates reduce the cost of ownership and, thereby, allow more people to afford to buy.

I suggest you start out by meeting like minded people and here is a link to a local meetup in the OC: https://www.biggerpockets.com/forums/521/topics/1225233-ocre...Good Investing...

Some questions for the people with experience: What are some basic landlord problems I will most likely run into?

There are far fewer people per house. 3.  

Chances are they are paying others who are not as accommodating as you (amazing how people will make those car payments while jeopardizing their homes) - and it's time for them to move on to housing they can afford and to a tenant that does not require you to subsidize them.  

@Sebastien Tinsley Welcome, I recently moved to the Orlando area and have met some amazing people here.

I think I would recommend people start class b but I recognize the challenges to get the numbers to work.  

Ultimately, it’s about finding an arrangement that aligns with your goals without compromising your ability to discover the best deals.

Dumb Debt also means that the owner takes on recourse debt and personally guarantees it instead of non-recourse debt or other people’s debt (OPD) or cross collateralizes it with highly appreciated assets with low debt to value ratios.