You have to do the research on the property itself to make sure it makes sense and is a good investment strategy first.

5 tips i should keep in my mind when buying  rental property? 

No market can promise you this.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I'm Andrew from Denver area.

I have a solution that I do myself once a year.Here's one of my best tips: go on Airbnb as a TRAVELER, in Traveler mode.

Quote from @Jake Faris: @Greg Scott Thanks the response. 

My suspicion is, in this relatively relaxed lending environment, you will do well to learn for 100-500 hours and then just get started.

3) Understand what works in this market. 

My buddy learned a lot from this club and was able to acquire (3) SFRs doing it part-time while working full-time at a car dealership.