So be careful out there when you choose these people. 

@Marc Rice The best Real Estate Agents have trusted contacts who can get inspection items taken care of.

I would recommend focusing on markets/sub markets that will provide a more consistent return so take your time and be careful in the areas you're investing in.Personally I prefer the middle/southern part of the country because the price points are much lower and the laws are landlord friendly.

Try to get a feel for the stability of the tenant's current situation and recent past.You will probably find a lower standard of care than you might apply to the property.  

You've got to really be careful doing that, but we do it often.

Let's break it down.First, congratulations on saving up for a down payment and considering your next steps carefully.

DM us if you'd like to discuss more.We have to be careful what we post openly or we may get suspended by BP Moderators:(

Be very careful and do your homework.  

Also be careful as 2019 was a reassessment year so the coming tax bill may already be higher than 2018 was.For your example, 75% of $187,000 is already lower than the prior taxable value of $154k, landing at $140k. 

This statement though - "more importantly to escape the 9-5 jobs and create generational wealth" - you should be careful of or just make sure it's a long-term goal.