People are not simply buying here for speculation and I am also an investor myself and there is tons of data going back half a century or so to rely on when making a purchase. 

The information contained in this post is not to be relied upon.

Hi Rich,Yes, if you assume you are buying a property all cash and rely completely on appreciation, this makes sense.

The information contained in this post is not to be relied upon.

This is better than relying on insurance because it protects your personal assets from liability.

There indeed you can rely on county assessment, appraisals, insurance and even on Zillow.

have you seen it in person yet, or just been relying on your agent and PM? 

Also, each property profile is different and the analysis for a property local to you may be different than one wherein you rely on a property manager from afar. 

Many of the tax professionals on this forum are not "cheap" but can make a good fee for fixing situations where investors relied on poor advice from cheap advisors.My conclusion is to interview a few and go with a professional that you feel comfortable with no only their fee, but also their personality, their experience, their reputation, and their willingness to not only advise you as you start your journey but provide education and planning for what type of investor you want to be. 

Because my income starting out is expected to be around 200 K, I believe that I can rely exclusively upon conventional financing to begin with, until I exhaust the total of 10 mortgages for which I am eligible, and proceed to snowball all profits into paying off each consecutive property -- each time I pay one off, I will be eligible for another (10th) conventional loan, as well as a home equity loan secured by the recently paid off property, which I can use to buy 1-2 more properties.