With investing, a deal can come and go at a moment's notice.

I've been doing this for myself and my Investors for around 20 years and I advise first-timers not to go at it alone. 

Partnering up with other people is a great way to get your feet wet if you don't want to go at it alone.

Think and pray on it, always trust in your abilities and go at it with confidence if that is your decision.

@Kathy HacmacI'm glad you're not going to let her go at it with a heat gun.

Luckily landlord advocated against it but it was touch and go at annual meetings.

It's a great way to get started and learn gradually so that you don't have to go at it alone.Good luck on your journey!"

@Zach Robbins I am primarily interested in multi-family rentals; however, single family may be a better bet for my first go at it. 

@Evan Miller im looking at a deal like that right now, they have some back of a napkin financials and no T12. your best option is to make an offer based on what you have, just go at a price which make sense to you. add a clause that they have 10 days to provide you with the current Rent Roll, Financial statement Schedule E, Utilities bills, copy of the lease, deposits etc etc. 

If everything is still a go at that point, spend time on the compliance to make sure there are no deal killers.