I would suggest you take a few months and watch the market before jumping in because the market has adjusted the pricing because it's hot. 

Eggs in many baskets or eggs in one basket and watch that basket closely???

Also watch for neighborhood HOAs some will have restrictions.

Hang out at the jobsite as much as possible, watch and listen, learn from your subs.

You can also watch lots of in depth educational videos for SDIRA's/Solo 401ks on his website.

I stayed at a place without a TV.

In the markets I watch, now nearly 60% of listings are EXPECTING to pay a commission, but asking the buyer to SET the buyer agent commission amount, and making that part of the offer discussion.

If the violations took place prior to purchase, I would at least give them written notice that you are aware of the previous violations and that just one under your watch would result in an eviction.in the meantime, I would shop for new insurance and pass the increase on to the tenant.

Lots of people who invest in real estate and have a good amount of wealth do work hard, but they also watch where their money goes. 

You just buy paper and watch your investments grow while you learn.