I am also 29 and recently set a goal to have a first rental property by 30, here's to hoping we finish our 20's strong!

You need to come in strong and I imagine probably have no contingency (really know the house and repairs needed before you offer).

@Kim Hopkins My understanding of costar is that it is listing's only (and they are aggregated from other sites and not accurate half the time)… ProspectNow is nice, you can search by just about any different parameter you want.

I strongly recommend you include Property Management in your analysis. 

Regardless of where you stand, you decide where you want to go.Self discipline: Self discipline is a strong trait of nearly all successful people.

I strongly suggest you get an attorney.From my understanding of contract law, the lease should transfer to you, upon sale of the home.

need track record  very strong balance sheet and lots of liquidity.you kind of have to work up to it.. unless you have millions in liquidity that your willing to pledge.too me this would be a project you would do once your a mature development company with many projects in the books.

I'm sorry to interject my opinion so strongly here.

Real estate pricing has of course gone up everywhere in the last few years of course as interest rates stay low, the economy is strong, and investors join the game. 

Homes are selling for 10k-20k over asking , So if you dont have a strong buyer then your SOL.