Right now the only utility at the garage is power so basically I am starting with a frame and a roof. 

. $1300/month, tenant pays all utilities. 4 bedroom one is vacant.

Make the start date of the lease contingent and effective upon closing. 

Ebooks, podcasts like @Bonnie Low suggested and start running numbers on every deal you see until you know how it all works.

We’re hoping to start small and are looking at markets, such as Buffalo or Rochester, NY.

I do own two triplexes in Scranton, and I will say the one issue is that you are going to be taking care of the utilities normally if they are not on separate meters, which could take a good amount of money away from your overall cash flow. 

I am getting started in real estate investing soon, and I want to plan for the best course of action.

@Ketch Bays I started with the exact same amount of money.

I’m a young entrepreneur in the real estate space, and I’ve recently started my own company.

When starting out it’s a pretty good deal for someone lend you all the money and you give them 50% of the profits.