I would suggest taking the time (paying a baby sitter) to go to one REI meeting.

A poor investor that needs the $100 each month to buy the babies diapers cannot invest in properties that do not initially cash flow. 

The problem was her drug addicted, incarcerated, baby daddy who got out of jail a month after she moved in that she failed to mention would be living there on the application or housing voucher.  

I'm an agent with a lady and her baby and you cannot refuse renting your room to a lady with a child and by the way the bed in one room would have to go in storage from the looks of the pic to make room for the baby's crib, walker, etc.Usually the calls go on with the caller repeating their scripted quotes and how refusal to show them our room will result in visits from 'officials' and charges filed etc.. all within a total call duration of just 1-2 mins or so (while we reiterate we're not okay with co-ed bathrooming in our household, nor making modications as we're probably relocating after graduation).Of course, we are compassionate about persons with disabilities but since when did offering a spare room or two in our own household turn into some sort of implied legal 'boxing ring' climate?

I highly recommend you take baby steps and educate yourself, before even dreaming about owning a 16 unit.

I was reading that baby boomers are downsizing, wanting to live near activity centers, but extra space might be a problem, so maybe creating storage lockers and charging extra (or in addition to rent) might be an added value for C neighborhoods? 

Hello BP,Was looking for a bit on advice on my intro into real estate.I am a 35, married with a baby living in Oakland, CA.

The obvious reality, of course, is that practically anyone without obvious physical handicaps and with the right motivation can become reasonably good at drawing or using a screwdriver.So, I would ask you to dare to believe that making conversation is much the same sort of thing, a skill to be learned, and your attitude toward any skill largely dictates how successful you'll be at learning it.On the other hand, if you find talking people up the most distasteful part of this business...well, just wait till you saw out a length of your first soilstack or you're forced to evict a tenant with a baby in the middle of winter.Read "How to Win Friends and Influence People" by Dale Carnegie.

Agreed upon price is $550k (No PMI on VA baby!).

My partner brings to the table his expertise and does the work ( finding the best deals, purchasing the property, overseeing reno's, lease agreements with renters, collecting rent, paying the insurance, property tax etc), he does all the baby sitting associated with the rental property.I'm act as "the bank".