Thomas,You started out right by joining BP, there is a lot of information on this site that i recommend you go through. i would also look into any real estate investment meetings that may be held in your area and go to some of them, you can meet and talk to other investors. you will want to also figure out what you want to start investing in and learn as much as you can about it. as far as hiring a PM, that's up to you, if you feel you can be a landlord and do the work yourself, then do it, if not then it may be worth it for you to hire a PM, less time working in the business and more time working on the business then. you will get a lot of different answers to those questions that will make your head spin.

Yes I own properties doing 20% cap rates in texas in the $50k range, but they haven't appreciated a dime in the last few years, but yes they spin off cash flow.There are many ways to look at investments, but total return is the most important metric to me and I could in theory walk away today with a 100% cash on cash return in 16 months of condo ownership so thats not negative in anyway for me.

I am still checking different guys out but am seriously considering doing something with Micheal Blank, J Massey, Rod Khleif or Brad Sumrok.  

After spinning my wheels I've decided to submit a simplier Net Sheet instead.Only question is...I have plenty of them:Sale Price: My PA offer?

Before I spin my wheels for too long, does anyone know if a quitclaim deed from ourselves to an LLC will trigger the Virginia transfer tax? 

@Rod Granberry III Check out John Martinez he has some really cool training online.

This keeps you from spinning your wheels, wasting time on something you think might be a deal with no place to put it.It also keeps you from hanging a property owner taking their property off the market with only the hope you can find a buyer.

Most known ones are held by:1) Jake&Gino2) Joe Fearless3) Rod Khleif4) Real Estate Guys5) Mark Kenney6) Brad Sumrok

I work in bank regulation (although not much w/ residential compliance) - but there are enough rules, exceptions, unexceptions, and ways to run afoul, to make your head spin.

Let's put a positive spin our introduction:Dear BP,Thank you so very much!