With that, I think it's very important to establish what you consider a "good" deal.Hope that helps!

This gives me a lot to think about :) Math isn't my strongest suite so please tell me what I'm missing. 

Eduardo: I can't offer much input on the crime, but Richmond recently passed Measure L, which establishes rent and eviction laws in the city.

He knows I'm getting into REI so that foundation is already established.

Live below your means and try to establish an emergency fund as soon as possible.Don't spend a fortune learning personal finance.  

Check out the nearby members and network https://www.biggerpockets.com/meet, it will help you a lot to find partners that can help you out in investing.

Aside from the struggles of the accounting system, you can easily establish separate checking accounts for each property.

Although you can find a bank anywhere, it is best to establish a relationship with a local/regional bank and more specifically a lender that you will get to know personally, especially if you are planning on buying more properties. 

Hi Jamie.As a board member of my own HOA, one of the best things you can do to establish a good relationship is to be proactive and responsive with anything you receive from the HOA.

I don't have a lot to offer right now in terms of experience, but I will do whatever it takes to succeed.