Of course, this totally depends on how much time you have to dedicate to REI, market conditions, etc.No "pre-reqs" or criteria are required—the Rookie Bootcamp will give you general overview of different investing strategies, financing options, etc.

And this is a good generalized overview you should read: http://www.nolo.com/legal-encyclopedia/oregon-late...Generally, yes it's 72 hour or 144 hour - benefit to the notices depend on you and your tenants.  

I’m not from the area so I don’t have a good lender to recommend but wanted to share an overview of HELOCs so that you can ask some important questions to the banks/institutions that you contact.First up, I wanted to congratulate you on being in a position to access sizable equity in your home for future investments.  

At the moment, my main focus is on finding a qualified contractor who could provide a comprehensive quote for the various issues that have been identified throughout the house.I have a few specific questions that I would greatly appreciate insights on:Is it a requirement from the FHA to address these issues prior to finalizing the loan agreement, or is there an option to incorporate the repair costs into the contingency and have them resolved after the closing?

In this situation, you 100% want to find the easiest legal way to part ways with the tenant, and pursue that strategy as fast as possible.Your lease should have a comprehensive section describing what happens when a tenant is late on rent, and the fees that will be charged if rent is late.

A comprehensive tenant screening takes care of 99% of the issues that you hear about in landlord horror stories. 

@Valerie Rogers provided you with a great overview.

Good overview.

If you want to look into this business, I suggest you take your state's Step 1 - which basically gives you an overview of regulations (there's plenty!)

These groups often share knowledge, investment strategies, and market insights among members.Remember to cross-reference information from multiple sources to get a comprehensive view of the local real estate landscape in Columbus.