@Vernon Welch II most tenants offering to pay their rent upfront are trying to compensate for negative qualification issues.NEVER override your screening process just because someone offers to pay several months upfront!

If you’re already using REI Hub and managing your accounts, that’s a great start!

My wife and I own four units and we’re making the jump to double digits.

lean on these forums whenever you have questions. good luck with your investments.

Quote from @Michael Soukup: Yes, I recommend you pay off all your debt first before investing in another property.

The minimum down payment for a property in this price range would be roughly $27K.That said, you also need to account for bank closing costs, inspection costs, appraisal, attorney fee, and title costs.Your scenario may require a seller's concession to account for these additional expenses.Investing with $50K is totally possible in this market but your journey may be met by challenges i.e.

Your best bet is to consult with a good broker that has experience with business insurance and RE.

I'm looking to connect and meet new people that could share their own investing experiences with me! 

getting a place painted and ready for a tenant - sure. 

You should pay them an hourly rate for all of this.After all, there’s no guarantee that you will even end up buying a property or selecting them as your cohost.