Full version (For the sake of argument, I'll make up some numbers to help explaining my question):Consider the following case - Individual with $500K and no properties other than residential house.Let's say residential properties in the area are going for $200K.Comparing two relatively "conservative" strategies, let's assume individual wants to "cash out" 15 years from now (hence: get as much passive income from said properties once you reach the 15y mark):Strategy 1.

I owe this all to the BP community for providing me a forum to educate myself and network with other like minded individuals. 

If you are self motivated to learn, there is NOTHING they will teach you that you can't/won't already learn by listening to webinars, reading books, reading these forums and listening to podcasts. 

I guess it is just a matter of finding what fits one's individual investment strategy, and what kind of cash flow is acceptable.

I know it probably varies depending on the street and the individual house too but as a newbie without a lot of experience what would be some good numbers to quickly run the numbers on properties as I browse through the MLS?

@Dan Barli Hi Dan, I am looking to buy and hold these properties for rentals and figured it might be a better idea for me to buy a package rather than individually acquire the properties.

He is AWESOME, has a teaching spirit and is very knowledgeable.

This community is great not only for learning but also getting in touch with people who have experience and are willing to teach through that experience.There are a plethora of strategies one can follow when it comes to real estate. 

Can anyone here recommend a reputable tax services company (or good individual) who is located in SoCal who has experience or is specialized with doing taxes involving out of state real estate investments?

I look at the properties individually and then analyze them accordingly.