I want to know any and all tips, advice, and of course down sides to this lifestyle. 

Any tips for newbies on underwriting, finding tenants, or managing the transition?

This gives you the opportunity to not have to pay out of pocket for a primary residence you can't occupy.For @Andrew Miller - as someone that's done multiple renovation loans myself and helped 100's do the same, here are my biggest tips:1.

.#1 tip I'd give if you're buying existing (or building) is to call the assessor and ask specifically what the new assessment will be after improvements.

I would be happy to connect with other investors in the area to share tips and tricks.

Any tips for finding cash buyers?

Any other generic recommendation / tips are appreciated.

Be ready for a wealth of information at your finger tips. 

Thank you that tip on the magnifying glass.

Often, other investors are willing to share tips or even collaborate on data acquisition.• Hybrid Approaches:Some teams combine purchased lists with public records to cross-reference and validate information, which can improve call success rates.I’ve found that a bit of trial and error is often necessary to identify the right mix for your market and team size.