I would like to keep learning more and hear from others about their experience around the Kansas city area.

It gives you one property that can potentially pay for itself while putting a roof over your head and giving you experience as a hands-on landlord.

A great REALTOR will help you gather rental history and the cost to own and show you good sites for pulling rental projections, but you will need to do your own calculations.Everyone's mileage varies.

@Jackie LinThat’s a big decision, and with your experience in California rentals, you’re in a great position to weigh the options.

Even when the market is down, gradually adjust rents so tenants don’t experience a huge price shock later.

My only experience with real estate was my father being a property manager (something I didn’t want to do).

Rong, how has your experience been?

The problem with metrics is that there is no one metric that fits all investors and situations.Looking at some of the enervation shows on TV, the price they pay and what they put into the property would never work in the markets we have experience in.  

I have experience with Quickbooks Online, and looking to learn to use Appfolio as I have heard that is a common software tool used for managing the books for REI.

I’d really appreciate any advice or experiences you can share.