By negotiating 20-35% discounts, we managed to achieve cap rates between 9% and 14%.I've also started managing properties for three of these clients, listing their rentals and ensuring everything runs smoothly.

The Midwest market is absolutely on fire right now!

We have a 2 year lease with our first tenant starting soon. 

I'm starting my first campaign since getting my license and am curious to hear what works for others. 

If you rent for 3+ years you start to phase out your tax advantage to taking the equity tax free.2. 

I've lived in the PNW for 25 years, but I'm hoping to start building a rental portfolio in my hometown of Lexington, KY.

I'd start by searching the forums here for "section 8" related threads.

You might want to consider starting a marketing campaign or partner with someone doing a marketing campaign so you can identify properties that really are below market.

What are the essential first steps I should take to start this business from scratch?

I did start with lower prices to be competitive and get reviews at first.