I'd recommend staying within 10-15% of the median priced home because that's where the most demand will be not only for renters but owner occupants as well. 

As a side note, and maybe others will recommend this as well, obtain your real estate license instead if you are interested in pursuing sales full-time.

We've been reading everything we can get our hands on, listening to podcasts, and spending time every morning reading and learning from the forums here at BP. 

But I can't recommend something I would not do as an investor myself, so here it goes:1.)

So, let's hope I get a recommendation.

In other words, I already have a checking and savings with BoA, but I would create a 2nd savings account (within my regular account) and put all the rental properties last months and security into that account (combined).Is this the correct way to prevent co-mingling of funds, or what would you recommend?

Originally posted by @Travis Hill:I am reading a lot about property classes and how, who, and where are they determined?

I recommend having a pricing software (pricelabs perhaps). 

See my video on this for more info.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

With respect to AJ, he is a good friend of mine and I highly recommend him too.