I ran a quick report for the city and came up with about 321 with the following: 2-4 Unit homes, absentee (172) and owner occupied (149), Home value $50-300K, high equity, eliminate trust owned.I would suggest that you add in some full counties in the metro area. 

I am looking to hear from you all on things that I could do to better educate and prepare myself on going into a home and making sure I can make a more confident, informed decision to purchase a home as a newbie.

Before anyone comes down on condos, let's assume I ran the numbers and am confident it is a good investment. 

Before you spend mucho bucks on LLCs that require ongoing costs and attention and compliance, it's likely that for your first few properties you are much better off just getting umbrella insurance.

The only reason I did not actually go ahead and do it, is the same reason everyone doesn't do it, I ran out of money and kicked that problem down the road - lol.

Like one would do when buying any other ongoing business?

Everyone promises training, try to understand the depth of it - is it something done on the side or or do they take training serious and systematically as a part of ongoing development? 

It's just the down payment that scares me away from another multi, because I don't want to own 3 homes (possibly twice as many units) without a sizable emergency fund in my bank account...Anyway, just wanted to update this post and say thanks - any additional insight is always appreciated, since this is a topic that is sure to be an on-going debate in my mind.Happy new year!

(I don't consider myself a wholesaler - however I've done a lot of those deals)  I ran into this when I was looking into purchasing a house - I found out that it was a wholesaler - but I did not see anywhere where they were marketing the "contract". 

Just like I did when I ran a fairly larger HML shop..