PLUS you said the two magic words - Grant and Cardone! 

There is no magic formula because there are so many layers.

It won't happen overnight, there is no magic pill.  

He's working magic for me all the time.

Instead, you will hold the property without selling or you will 1031 exchange and transfer that cumulative depreciation to a bigger, better, newer, higher quality property, again tax free ... then one day you will pass and your heirs (that little bundle of joy in your arms in the picture) will inherit this property, at which point they will magically get a stepped up cost basis and can sell it the very next day if they like, 100% tax free, all that depreciation never gets recaptured, 100% legal.

Congrats on the recent marriage, and on discovering the magic of real estate investing! 

Define your magic number and stick to it, and forget being a PM it's for the birds!

MIG events are fine, but I've really valued the more informal meetings (those are where the local magic occurs!).  

Getting the property is definitely the most important piece here but if you have the option to, you may want to consider going conventional with a bigger down payment to get a lower rate and to help you get closer to that magic 20% equity so you can drop the mortgage insurance.

The tenant thing is mostly psychology, black magic, and a whole sh!