Our first offer was accepted on our first property last week - a studio condo in Everett, WA.

I looked up reviews and most of the tenants stay there because of the price ($950 for a studio), but they move out as soon as they can afford more because of bad management, low-level tenants, and poor upkeep of the property.

She lived in a tiny studio apartment in Manhattan with her fiancee, both earning 6 figure incomes.

. -- Studio or 1 bedrooms apts with low assoc fees and low taxes are a great place to start.Remember to always keep your rental updated and clean so you can attract responsible, clean tenants! 

Hope you get what you need for rents.. as a 1095 per month for a Studio size place is interesting.

I'm also a long-time BP forum lurker, BP audio-book listener, frequent investment podcast listener, and have been graciously exposed to the REI realm through close friends- STRs, flips, wholesaling/wholetailing, etc.The issues I'm currently facing are locating local MLS inventory (SF, MF) that would make a "worthwhile" investment, that would provide a decent ROI...

(Studio City, CA - a high-end suburb in Los Angeles)There are five new apartment buildings in various stage of construction right now in a quarter mile radius from my house.

He can see:Total Equity, which properties doing best, price paid for each, balance left on each property, ROI for each, how much extra paid towards principal each year, current value of each property.REV - save audio notes to yourself and file by address.

Podcasts, webinars, audio books, forums, etc are your new best friend.2.

       I've just recently been bitten by the real estate bug and have been listening to a lot of audio books written and recommended by Bigger Pockets.