I am looking for some help and advice on whether or not this property seems like a smart first investment. 

What's even more frustrating than asking the IRS help desk, is asking a Turbo Tax "Tax Specialist".

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

@Sebastian Nadal for background checks, I use stessa/rent prep that’s available to us through biggerpockets tools.

Hope this helps to clarify what the RTR Academy offers for anyone interested!

Don't be afraid to go low Sunday through Thursday to get some activlty.We use Pricelabs, but only as a tool; I have to override it continuously.

What’s a key mistake you’ve learned from that could help others?

i am adjusting my strategy and going to try to keep expanding my funnel.I don't think @Russell Brazil is saying to go out and blindly buy a terrible deal... just that no, the ship hasn't sailed on Boston (as I don't think it has either) and RE remains a good investment.happy to continue to dialogue... hope this helps

I would add to this one pound into you the good relationships you have with the contractors and agents in your area will be your best and most helpful relationships.

I have done 3 showings with a few more lined up. 2 parties have expressed interest and I want to request your help in choosing between the options:Party1: Willing to pay $4,000 p.m.