First, there is an upside and downside to investing in condos that many have mentioned: Upside: HOA fee is tax deductible and some expenses such as garbage, sewage, water, landscaping are rolled into it.

I would also suggest listening to the Podcasts, The do help you with IdeasKeep rolling,AJ

Is there anything I can do in the mean time, so that when the 30th day rolls around im not caught by surprise?

We haven't had the inspection yet, nor have I verified the seller's rent roll or expenses other than property taxes.

However, as @Andres Verney suggested, if you get a percentage off of other people's rentals, and roll that into your own, that could help you on your way and allow you to minimize the expenses on your own rentals.

I've done both private money to fund spec construction as well as an all in one (construction that rolls into a conventional conforming).  

I'm curious how many properties you're working on at once where you need to jump in and roll up your sleeves.

Hello everyone, can't wait to start rolling and exploring this new adventure.

If you think you'll sell your current properties in a few years, build up the equity and pay them down now so you can be in a better position to roll the money from those sales into other properties.

@Engelo Rumora you're on a roll!