It's where I cut my teeth and tested all my knowledge and skills set.

Going into a war zone simply for cash flow is not worth it in any case.

We are a capital partner and move like no Lender can move. thats where the great deals are going or at least what i see as its my day job LOLPS  in the old days  the west coast buyer had to get pre approved by the west coast mortgage lender and that included an appraisal up front so we knew the numbers would work then when rehab was done the mortgage brokers simply had the appraiser do a 442 update and the file closed. 

Simply put, get a real estate license. 

We're most likely looking at multi-family (initially) in lower cost of living regions simply to make it affordable for us to get into the game. 

Was it simply experience, or were there particular resources that were helpful to you? 

Blah blah blah.I love the Podcasts (I listen everyday sometimes multiple podcasts everyday and covered a bunch during a recent rehab) but there are a lot of those stories and I'm wondering if this opportunities are simply not in the cards for those of us building a portfolio today.

Very simply, multifamily spreads out your risk if a tenant moves out generates more income with more units and disproportionate amount of increase in expenses as there are more tenants to deal with.

Is there some sort of collection service where I give them all the information, they go after the tenants and just give me a cut of whatever they collect?

The only things left for me to do was to add appliances in the kitchen, add a fence in the front and had a lot of tree that were almost falling on the house after hurricane Baril, so I had to spend almost 5k in cutting the trees.