As a new investor, it's important to put in enough due diligence in your contracts to be able to get out of the deal if you start to feel uncomfortable with the property.  

Recently someone started a thread on stupid things people put in their rental applications..

For around $200 per lock you can put in digital locks, issue digital keys and never replace a physical lock again.

(this will help keep you from getting distracted or overwhelmed)2) Attend look meetups in your area (search "real estate" on meetup.com and look here for BP meetups) and start connecting with investors.Just some thoughts.

Would love to pay someone who has put in time to teach this.Thank you for your time!

You just need to put in the zip code on Zillow.com and look at the value of the houses in that neighborhood and do your average projection.

Is anybody aware of similar ordinances(limiting rentals), put in place by other municipalities in St.

Just make sure it is convient for you and have minimal distractions.  

We have already put in over $3,000. any recommendations suggestions?

Another item to consider is an office location that is convenient and has minimal distractions.You can locate your office in your place if you can close it off and has minimal distractions.