Now although they don't go into the details they did give me enough generic information as to which topics i need to start reading up on and ask more in depth questions on. 

Policyholders may need to seek supplemental insurance for these additional protections.4.

With the economy in the condition it currently is, I think it is unlikely that you will find droves of homeowners in financial distress.It's worth a try (and by try I mean more than a couple houses on a single day), but should be a supplemental strategy, not your go-to.

In ten years, it will be worth the same as $748 today.The takeaway is that no matter how many properties you own in a city where rents do not outpace inflation, sooner or later you will be forced to get a job to supplement your declining rental income buying power.What causes prices and rents to rise or fall?

If it has shortfalls, supplement them with a spreadsheet or other tool. 

The idea was to diversify and supplement our retirement income.  

I probably wouldn't do a whole building of S8, but it is a nice supplement. 

There’s some naïve and overly generic advice here.

I did some contracting work for a larger company who was "great" at bookkeeping, which they may have been with generic companies but I only worked with their REI clients.

As for your lease, I'd suggest using a good one that has been drafted and/or at least reviewed by an attorney in your state (since rental laws vary widely from state to state), as opposed to some 2-page generic one that you can get at Staples which will work right up until you have your first problem with a tenant or need to go through an eviction (hopefully never but it's best to plan for the worst).