Meet the players, introduce yourself, get to know them, ask for cards, take them out to lunch.  

We will be putting $3,700 down, and borrowing $15,000 over 4 years at 5%, which is 4x the interest rate our relatives make on their savings in a bank CD, making both them and us very happy with the terms of the transaction.After closing, we anticipate ~$4000 in rehab costs to bring this very tired unit up to date, which will include refinishing the hardwood floors, complete repainting, new kitchen flooring, new counter top, new appliances, new lights, blinds, fans, toilet, etc.  

I keep seeing people refer to their property as A,B,C, D properties or neighborhoods.

@Joel CummingsAn agent needs to bring real buyers, not game players and scammers.

You can just dive deeper into the C-, D ,F properties until you reach that return, as the rents do not adjust down nearly as quickly as the property values fall in those areas. 

I'd like to set it aside in a money market savings or CD for the time being.

Class A,B,C,D?

He has recently passed, but he introduced me to many of the major players in town before I left Lex.

I would like to get to know players in this arena and start to build my team to expand into this area.I live out in Gold Canyon at the base of Superstitions with my wife and 2 kids.  

Keep learning as much as you can about your local market - see who the players are and try to connect with them.