Oh, and no regular bank or broker will lend to you on a commission income without two years of paystubs, so I’d highly recommend waiting to quit whatever regular job you have until you’ve purchased, or pushing your purchasing plans several years down the road.  

I am definitely following this post.

I am planning a road trip to preview rental markets in the following areas:Montgomery AlabamaBirmingham, AlabamaDayton, OhioColumbus, OhioAkron, OhioCleveland, OhioToledo, OhioSouth Bend, IndianaI would greatly appreciate any suggestions and input from seasoned investors in these areas!  

Keep on pushing! 

@KC ContiThat is one of the big mistakes new investors haveIf i put in a $100k  tub in a house. it DOES NOT bring up the value of the house by $100kA house is only work what it can sell for.When i was new I made the following mistakeThe area i was looking to buy a house had average comps of $100 per SFMost houses are 1000 SFWhich makes the average house worth $150kThe house I was looking at was the largest on the block at 2500 SFThe asking price was $137kI was like wow. 

That is a difficult thing to achieve and if you want to wait until you have that type of market knowledge you might end up not investing out of state.My two cents would be the following: make it a point to schedule regular visits to your target market.

Will that full 20k balance be due the following month like a credit card? 

From what I've seen, they don't push RE investing since they can't get paid on it(unless they are licensed). 

Then, when you finish your meeting, communicate a plan to follow up."

I recommend you leave them your contact information and continue to follow up on occasion.