You are in a very decent spot to start out. 1) yes, you'll probably be more successful working with someone who balances out your strengths and weaknesses.2) Don't be afraid to work really really hard at first (6-12 months), it may be necessary.3) network4) think creatively, think differently5) plan to grow6) use other people's money; whenever possible, keep your cash in the bank7) work smarter and smarter as you go... try a few ideas, then focus, try a few more, then focus again, utilize other people's time for 10.00/HR jobs and focus on growing your business.Good Luck!

I have been finding my deals from MLS through analyzing lots of houses (I mean lots, almost every house), having my own data analysis tools, looking at lots of houses, finding out the sweet spot during negotiation with the owners and/or giving them some incentive during closing (faster closing, waivers etc. ).

I'm a helper at heart and a total newbie...I've been talking with a gentleman that has a rental property I'm interested in for buy/hold. However, he has started discussing that he is losing money every month on this r...

Welcome Stacy - I'm in the same spot & situation.

You are definitely spot on with your 60K low end 20% deposit estimation.

Trey, I think that I would enjoy owning and operating rentals at this point, but I haven't completed a deal.I want to learn how to analyze properties and spot deals; I'm in the beginning processes for sure.  

We are renting out the parking spots.

Weak spots on the floor are typically either from beam/joist damage or rotted subfloor.

Syracuse by you seems like a cheap spot with high rents. 

I generally do not use them, but they certainly have a spot as a starting point to check on pricing.