You choose an insurance carrier and property management company (if not self managing) and if financing you work with your lender on final approval. 

Well, I finally found a property that I wrote "Yooooo" next to the monthly cash flow of over $600.

https://www.amazon.com/Paper-Profits-Beginners-essentials-mortgage-ebook/dp/B06Y4C7X6Y/ Finally, check out NoteMogul which has a very reasonably priced intro course to note investing They have a great self-paced starter course for under $500 that I think provides the basic info which let's you learn what you don't know to further your education.   

Low income tenants were very difficult to deal with, because they simply didn't have savings and any emergency resulted in them using rent money, with the idea that they'll catch up before the eviction was finalized.

Bouncing around from being a Mortgage Consultant, Real estate agent, Project Manager, HOA Assistant Manager, and finally settled in at as an Accounting Staff at a Property Management company.

Finally in a position to move the money out of it and would hate to see more of it fade away to the IRS at this point in the game.

I'm looking for my first investment and I'm having terrible finding an undervalued property but I think I finally found one!

Great question, my research on them is they've been up and down over the last 5 years and just recently finally posted a profit.

Now I'm starting to finally take action and am hoping to learn from the BiggerPockets online community as my partner and I take on this new journey.If you're in the VA Beach/Norfolk/Chesapeake area investor and need an extra hand painting walls at your rental place, need help with a project, or would like to pawn off some of your paperwork - I'm your person. 

If you own outright, you might be able to get a HELOC and pay cash for your new purchase (depending on the HELOC LTV and final price on new purchase) .