Still very new to all of this and want to do it right.  

That right there will disrupt some naps.

Over time, I discovered mistake #2 was not buying them right.

Obtaining the FHA loan is great and you could repeat the process after about a year with the right lender.  

The tenant refused to communicate about his plans to vacate and finally left the key under the mat on June 2 but made no communication, so we had to make 4 trips looking for the key.

Thanks tons and if this question sounds very immature, i'd say 'that's about right' given how new to this game we are.Thanks again!

Send me a Direct Message and I will be able to point you in the right direction.All the best.

We put our first home on the market for rent $1450.00 and right away, not even a week my realtor found some potential tenants.

In anything you do, make sure you do your do diligence and hire the right professionals to walk you through its steps.Hope that helps.

Just one example of a market getting overheated and then right-sizing.Same is going on with syndications, STRs and soon LTRs.BP took off after the Great Recession when investors could buy almost anything and rent it out for positve cashflow.