And from the sounds of it, if you watch you business closely, that doesn't really happen

Also not to mention besides only watching sports on tv, my tv would stay stuck on HGTV.

@Jordan Vires the best way to evaluate is to use 50% rule (See @Brandon Turner video "How to Use the 50% Rule to Analyze a MultiFamily Investment": https://www.youtube.com/watch?

Any advise on what I should be watching out for?

I'm where you were before taking the plunge and have just been reading everything I can, so I'm watching to see how it goes. 

I've known a couple of these investor/realtors in the past that have sold me properties, and in a couple cases I have watched these guys liquidate their own holdings as old age approached...their properties tended to be sold in bulk at very fair prices.

If you had small children would you trust someone more to watch then that has never had kids...? 

Every night, I'm able to walk my dog, look out over the inter coastal and watch the sunset, I wouldn't trade it for the world.

yesterday i met with a lady who has a duplex she is motivated to sell.

Ask lots of questions or hire a professional to do the work and ask them lots of questions as you watch them install the product so you learn for the next job.