No worries on the late introduction, the important part is that you did it...J.Scott's books are great and I know they'll help you as you begin managing these projects up close.I think you're on a great path as well, please keep us posted.Best of luck to you!

One other tip is to use the “4 Most Important Words” when talking to brokers.

Hi David Pierson I think it’s important when you are starting out to stay relatively close to where you live when you are investing.

The size of the school to me isn't that important as long as I don't think the university could go out of business anytime soon.

The most important advice I would give is just DO.

Since you will be living next to them this is even more important and can make a great investment feel like a nightmare if you get a particularly bad tenant. 6.

I have to agree with Merritt - fresh water and moderate climate are going to be increasingly important.

Looking to surround my self with successful people, network, and most importantly learn. 

@Andrew Merewitz, you will have to register the LLC to do business in FL regardless so it usually makes sense to just set it up in FL or else you will be paying double annual fees.In terms of CPAs, it is vastly more important to ensure they understand your business than their actual location.

We do look at them as part of our wider market research but since we are not investing in A or D type sub-markets, they do not play as important a role.