Thanks for any additional input you have time to put forth. 

We look at lenders (so long as they lend in the asset class you are considering) as an additional line of due diligence (they deeply care about their money and they are likely more sophisticated than you are).

With the potential for strong cash flow, appreciation, and inflation protection, real estate remains a powerful addition to any diversified portfolio.What Do You Think?

Having my savvy husband on-site made ALL the difference!

Making additional payments or taking a shorter term are just depositing more into that savings account (it's not like the property appreciates more by paying down the loan). 

Average rental rates, vacancies, competition, growth, appreciation, etc..Ive heard of scrolling through Zillow and collecting information by looking at properties for sale/rent but was wondering if there is a site where all of this information is easily accessible or any ideas for better ways to go about it.Thanks in advance!

I'm happy to answer any additional questions as best as I can. 

Would any of you recommend a certain site that specifically handles formation of LLC for rental property?  

He doesn’t teach you anything that can’t be found on this site.  

If you’re comfortable with a bigger investment, a duplex is good for the benefit of additional cash flow and you could house-hack.