You might even find a partner on your first one where you find the deal and they work with you to do the reno - split the profits and now you have one under your belt and have seen some of the pitfalls.Stay the course but be wary of many of the guru's that claim to have all the answers for a fee . . . use the family here which costs nothing and take assistance when offered.

Owning property here will likely have a much greater positive impact on your personal wealth than a few hundred bucks more a month from a property in the rust belt or the South with flat appreciation.

Takes a bit more legwork but another tool for the tool belt.  

If you have a few fix-and-flips under your belt, raising money should be an issue since you have a proven track record.

Just sharing my personal my status following this list by @Adrian Chu For adding to my utility belt, I am currently doing #1, studying for the state exam.

Work on getting a few good deals under your belt before you try to get perfect deals.

So, someone may have 10 evictions under their belt, but they always come to court and always mediate and get out, when they promised to be out - and nothing will show

I would say you want to get some good experience under your belt before you spend much time with investor buyers.   

Need a new snow blower 500-$1000. 

They provide high quality turnkey rentals in markets with great returns.I am a busy professional myself and wanted to get rentals under my belt with low risk.