One thing to be aware of is the FHA multifamily self-sufficiency calculation which determines if a property can generate enough rental income to cover its mortgage payments.

The best way to connect and learn is to be in rooms where it's going down.In terms of captial your best bet is to focus on a primary income that cash flow sufficiently, saving as much as you can and doing something real estate related so you can get familiar with the industry.

It could indicate they lack sufficient knowledge or experience in professional property management, which may lead to costly issues for you down the line.

You don't need the huge fridges and ranges untill you get to a higher price point IMO...

If you do not have job or another sufficient source of stable, reliable income, then you'll need a coborrower with good income to be joint on the loan with you to bring the income component to the table.

Until then, the general Knowledge a tax accountant has on real estate will be sufficient for the price and benefit I get. 

For this first property, looking for something in the $100k-200k range.

You can get solid cash-flowing single families in the 90-120k price range and duplexes in the 130-180k price range.

Costs vary but can range from $1,000 – $3,000 per unit.Water/Sewer: This is more complex and may require approval from your local water authority.

Perfect for anyone in a small place or who doesn't want to fire up a range.