It's hard enough trying to interpret the big picture, the less info they provide the less effective we are.Newbies; help us help you 

My advice would be to really focus on placing a quality tenant.

If it's more complicated eviction.com may be your best bet to use they are pretty cost effective.

Cost per lead (CPL) is crucial—it shows how much you're paying to get a potential seller or buyer’s info, and you want this as low as possible without sacrificing quality.

With those, the HOA fee's usually have a big negative effect on cash flow. 

Right now, I concern myself with the quality asset.

@Daniel GrantzRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

We do have a property management company and even with our experience with LTR's, just no way we could effectively manage this home without local property management. 

But occasionally we have issues and tenants need to be asked to leave or just decide to disappear in the middle of winter and it sucks.The worst part is I find the quality of tenant interested or willing to move this time of year isn't the greatest either - often times there is a reason they have to move right now since most landlords don't like ending leases this time of year.Either lower your rent or just hang in there.

As you know, I was so impressed by the quality of the offering that I decided to join as well and have been on a couple of group calls.I'm the Director of Commercial Real Estate Acquisitions for Southcorp Group in Columbus, Georgia.