I am involved in a lawsuit right now solely based on the fact that Renter's Warehouse failed to fully pass on communications between me and the homeowner. 

For me this involves making a lot of spreadsheets, but I will give you the outline.1)Establish risk capacity and tolerance: Capacity=how much can you afford, and tolerance=what you actually feel safe spending2)Use that information to narrow down what is available to buy: The amount will buy you a duplex in PB with 2 1/1's, will also get you a 4plex in Lemon Grove with 4 2/1's3)From there do the research on all of the available units that fit your criteria: This includes, but is not limited to, historical data on appreciation, market rents, historical rental data, and migration trends.4)Don't be afraid to wait for the right propertyI hope that I was able to simplify my process for you in a way that is helpful.

So this post is to be mainly geared toward to help set expectations for out-of-state investors, and I'm hoping for some solid contributions from people who are actively (or recently) involved in successful acquisition/disposition of smaller MF in the Charlotte MSA (broker, owner, lender.. etc). 

Was it hard getting involved with real estate after your bid ?

Explore FHA or conventional loans based on your eligibility and current market rates.For a medium/longer term strategy, keep an eye on interest rates for potential refinancing opportunities for Property 2 when rates are more favorable. 

Layer in any aspects of buying anything that may involve an ADU or you float up to FHA 2-4 and separation will happen with experienced lenders.

So I'm looking to get started in real estate investing and I came across this group.i was wondering if anyone knew anything bout them and what they had to say.Seemed to me that no one who was involved with this group was really willing to let me be a part of anything until I paid for the expensive program they were offering.

I suggest talking to other landlords in your area or up-to-date on the current landlord tenant ordinancesHere in Chicago (Illinois) there is no limitation on income stipulations for screening and as other said, there’s no federal stipulation either.Like @James Wise, I would move onto the next tenant without blinking an eye!

Well this also needs to take in consideration the risk involved.

Keep an eye out for duplexes, triplexes, and single-family homes with multifamily potential.