When you have a year or two of experience, then you have proven success to go out on your own.My guess is your biggest challenge will be to convince older people that you are an expert and that they should use you as their expert. 

The biggest risk you can take is taking that 250K and jumping in without educating yourself on what a good deal looks like. 

I feel like one of my biggest "challenges" so far has been figuring out all the vocabulary.

You might want to look into going to the Brevard County meeting for CFRI, (Central Florida Realty Investors), it's the biggest REIA out there and Brevard has a county meeting, I believe the 3rd Tuesday of the month.

Neighbors can be your greatest asset and your biggest source of irritation.

I'm not sure what you would be "defending in court" if you've known about this issue since last year and have neglected to address it.2) Get the rental license in place BEFORE you move in a tenant is the biggest takeaway here.

The biggest driver of operational expenses is always utilities.

I guess one of the biggest things to consider is how long you plan to be in each specific property.

what is your biggest idea/picture for backyard with sloping structure with budget consideration in mind ?

State LL/T laws got more strict last legislative session in various ways,   and the biggest risk going forward is that we will get statewide rent control similar to OR or CA.