I understand your excitement about taking the plunge into real estate investing.  

So if I am understanding you correctly...I need to scale and have people working for me and THEN the business can become more valuable because its not so much the client (owners) are loyal to me personally but moreso they're loyal to the business and how it operates... 

It will take time to learn and understand how to have your money make money but i guarantee You will look back 10, 20, 30 years from now and be grateful that you got into Real Estate. 

I read couple of books about REI, and I understand that during first years of investing I may do more mistakes and I want to make them frugal. 

Conduct thorough market research to understand rental demand, property appreciation potential, vacancy rates, neighborhood trends, and economic indicators.Please take some time to review your financial goals and develop a strong financial plan for acquiring and overseeing new properties.

The way I understand is that as long as the tenant has a valid lease the bank will have to honor it until it expires.

I have been reading and watching about everything and under stand there is no “right way” to do it, but i just want to express my thoughts and questions and get some feedback before i pull the trigger on some of my steps.

You can use it as a general guide, but the single best way to understand fair rent is by physically mystery shopping your competition.We typically get higher rents than average and consistently more than rentometer or Zillow would suggest, but we are also offering a nicer product.

Mario,They will know what to look at believe me and will understand what role depreciation plays when it comes to taxes.

They were understanding when I said no, and the items like the tub mat I did take care of didn't cost too much so overall it was ok and I survived.Every now and again when you get a difficult guest, grin and bear it, and know they'll be gone soon.