This is a great place to learn and to connect with people so take advantage of all the great resources.

Starting locally vs. out of state:I always recommend starting locally if it aligns with your goals.

That's why I started looking out of state.

I know there's seller finance and "B" lender that are good for the short term, but if a balloon payment is due say in 5 years, there's no guarantee that my DTI would be in a better place then I'd be stuck without funding. 

@Luis Cerwin as others have stated, Nov - Jan is the worst time of year to have a vacancy.Majority of tenants live paycheck-to-paycheck, so all their income goes to Holiday spending starting with Halloween, then Thanksgiving, then xmas, then NYE.January is also historically the worst month for rent payments due to Holiday Hangover Spending.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

This is a great place to learn and to connect with people so take advantage of all the great resources.

This is a great place to learn and further investigate investing in real estate.

ThanksCongrats on starting your RE journey!

I didn’t just wake up and start bagging deals and becoming an all-around cheerleader for success.