If you have one tract and you love it, you might not want to do a bunch of this.  

Lots of info here, just set up key word alert and read recent forum posts, it will overfill you but digest and think it all through. 

I'm new to this realm and am trying to understand and digest process, procedure and terminology to help me on my venture in investing. 

., I'd recommend picking a niche in real estate after digesting the wealth of information on BP.

You need to ask "why" not "how", when you understand why, you will understand how.You do eat an elephant one bite at a time, but no one wants to eat the whole elephant because there are parts of it you can't eat, you can't digest it all!

Welcome @Jeremy Isaac , be sure to check out the learn section above, it loaded with great information, it took me months to digest it all.

@Ed Navarro link upwith your local REIA group, a landlord group in your area, agents and all the forum post and podcast you can digest on multifamily investing.

I have been a BP lurker for the better part of a year, digesting the amazing content that BiggerPockets (and all of its members) provides, but realized that I had never actually posted an official introduction...I am, for lack of a better term, an "accidental investor" - when my wife and I moved up here in 2013 I started renting out our home in Charleston, and about a year ago, my grandmother passed away and willed me a single family home in New Orleans that was also being rented out.

Though good on Wells Fargo for getting cnbc to run a giant advertising spot for free.The deal I closed for @Chelsea Tustison  earlier this week was actually one of these; the home was two blocks away from a census tract line that would have killed the deal.

Implementation wise it is a single D-T w/ Future Advance Clause, secured by tracts (exhibits) in a similar setup as you might see for a developer (even though we aren't a developer).