@Deep Johal If you're open to working remotely with a real-estate-savvy CPA, there are a number of us here on BP.

Some landlords in this space try to get away with everything on the cheap (not saying that is you) but you can have success with govt agencies if you can deal with the brain damage of the inspections and paperwork, but it can provide more stability 3) dont give up yet. take some deep breathes and get over some of that failure thoughts that are going through head.

Monthly Insurance - 106 (google Insurance plus flood insurance)Other Expenses - 157 (taxes based on MLS)Variable Land Lord Expenses Vacancy (% of monthly rent)- 112.5 (5% of rent, Bigger Pockets recommendation)Repairs and Maintenance (% of monthly rent)- 112.5 (5% of rent)Capital Expenditures (% of monthly rent)- 182.75 (8% of rent)Management Fees (% of monthly rent)- 247.5 (11% of rent)Future Assumptions Annual Income Growth % - 1% (i just looked up Honolulu’s inflation rate)Annual Property Value Growth % - 5.59% ([CAUTION] https://www.neighborhoodscout.com/hi/kaneohe/real-estate [CAUTION])Annual Expenses Growth % - 1% (same inflation number)Sales Expenses %- 7% (bigger pockets estimate for a real estate agent’s sales expense % which included closing cost and price for a deep clean of the place prior to selling)

The library is only ~30 episodes deep so it's accessible to cruise through them all.  

One idea that might work is to work with a PM that is already in your area  and they may be cheap enough to relieve you of that duty. 

Dive deep in the content here on BP, lots of great information! 

It sounds like a fun and interesting deal if you can really dig deep into what the others are saying above and gather all the knowledge you can about the zoning/opportunities.Good luck!!

Originally posted by @Deep Johal:hey Diego welcome to the forumI think the best advice would be to shadow somebody doing the type of RE investing you want to get into., Maybe offer to help out or work for free on part of the deal to get some experience?

Some properties are turnkey where factors can determine whether your knowledge base will suffice or you need a more in-depth view others are heavy deep renovations where it would be a best investment protection to know what you don’t know; possible septic issues, roof, mechanical electric... then it’s best to get a pro if your a pro or have one. 

There were some great deals with those who had very deeps pockets because it was not just a rehab, you also in some areas were required to knock down, then rebuild fresh or lift and then rehab.