Talking to others also gave me insight into different markets and strategies, which made it easier to figure out where I wanted to focus my efforts.A simple tip I’d give is to start small and grow gradually.

This might be easier to expand with more duplexes in years to come verses option 1.Option 3: There are cheaper duplexes in Akron, OH that might range from 150k.

Well, at least it's much easier to gather 201 hours than 500 hours.

Honestly looking at your situation I'm not sure I would recommend you do the taxes yourself,  change of accounting method (F 3115) isn't easy for someone that hadn't done them before these online software companies make things seem easier than what they are, they are good for less complex situations. 

My last note would be to try to buy 3 or less replacement properties, it makes the exchange much easier and you avoid some additional rules.

However, if your time is limited or you don’t want to deal with tenants directly, hiring a property manager can make your life much easier—just be sure to choose one with solid local experience.Are you currently house hacking in Chicago?

More relationship underwriting with local banks.7% interest, 25yr am, 20% downEasier to scale, easier to manage.

I used to cold call, skip trace, send mailers, and don't get me wrong you will get success from it like James above, however as you gain experience you will realize you need deals faster, easier, cheaper, and with more "meat on the bones" and in order to have that you need constant deals flowing through your eco system and that's hard to do with mailers, cold calls, VA's and skip tracing etc.

That makes sense it seems much less competitive so easier to negotiate.

Some markets and I have heard the FL is incredibly slow.