., 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!

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 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.

The 4-plex is a cash cow and she has no intent to pay it off.  1)  Should she keep the existing loan even though it's in her mom's name?

You see, I have an ability to retain what I learn well, and when it comes to numbers and money I digest new concepts well.

Marvin McTaw There's a LOT of info to digest here, but I'm digging my way through, slowly but surely.

I'd encourage you not to feel pressured to learn everything all at once as there is a lot of info to digest.

I'l have to keep studying as I prepare to pick up my first rental property, because a sound understanding of how changing markets can impact my investments in the long term.Can you recommend any good, digestible books on economics?

If cash is being paid then any home is a cash cow.