I do find meeting prospective tenants will sometimes give me added insight. 

@Ken Latchers - Sometimes it can be really advantageous to speak prospective guests. 

For instance:- If you want a ballpark rates and terms quote over the phone, consider coming knowing your prospective property acquisition address, approximate purchase price, LTV, ARV, your credit score and a simple property count of your experience.- Your property should be in my comfort zone which in my case includes: Well above my minimum $80k including rehab loan size (the more the better), not too rural (seriously no McMansions somewhere in outer Hicksville - nothing against people living there, my underwriters seem allergic to wide open spaces), no groundups or land or mobile parks.- Please don't come to me saying that so and so has offered better rates or less points or less closing fees.

As a new agent, thats going to primarily be prospecting.

I would compare that level to other comparable properties in the vicinity of your prospective investment.

Just make sure you join an expert team with the knowledge you need to succeed, right now I'm a solo agent, and aside from prospecting, I really have no idea what I am doing, I need to be on a team..

Saving 6-12 months is crucial as it can take a few months before closing that first deal EVEN IF you have a prospective buyer/seller the day you obtain your license.Here is what I usually suggest for a new agent:1.

This was just a note regarding writing an inquiry letter to a prospect...

I projected positive cash flow on a prospective property... until I added my expected income taxes, which turn the number red (primarily because principal payment is not deductible).Curious to see how folks think about this.

We meet and interview the prospective tenants, we go to closings ourselves, and we sign the mortgages and personal guarantees, and sometimes we do0 the painting or install the carpet, or fix the leaky faucet, or even take the phone calls saying we have a water leak.