Mindset is key and just know that this is a business and you would be actively seeking clients and every day you wake up your working for the paycheck you receive in 30-60 days.

This can go so many ways.The last people you want to talk to is a normal, average financial advisor.

Often, these are some of the hardest properties to get title insurance on for various reasons, and your policy may not be quite the same coverage-wise as what you'd get on a "normal" purchase on the MLS.

Screen and approve the applicant like normal.

However every people and every city has its own intricacies, what's normal in area X doesn't mean it's the normal in area Y. 

It's totally normal to feel a bit overwhelmed.One thing that really helped me was diving into real-world examples.

Then you'pre going to get yourself into trouble.But every once in a while there was just a really nice house that I knew would be a great long term investment and I would break my normal numbers requirements and take it down.

Normal unfurnished long term property management is normally 8-12% but MTR is a lot more involved than that.

Well actually, I've heard of some situations where bird dogs do actually put it under contract, in this case, the investor usually will pay the bird dog more than he would normally pay him vs if he just 'referred' the property. 

One day you wake up 20 years later with a big tax-deffered portfolio.