The upside is related to the demand, the location, and "house hacking" for those with little money and need a lower down-payment. 

Here is what I recommend to track Tools and other expenses that are not related to any specific property.

Airbnb is relatively hot around us and we are located very close to two places that host classes/seminars/etc.Any initial gut thoughts?

Makes SF today feel quaint, and relatively cheap.

Again insurance related. 

@Chris Stromdahl I may be wrong  but I think in Washington you either need to be related to be licensed to be a property manager. 

Simultaneously I was doing admin, customer relations and exhibitions for museums in Balboa Park. 

Phone numbers emails for owner, as well as relatives and spouse/friends.

A lot of forum members are very knowledgeable in their respective fields related to real estate investing, whether that is real estate sales, wholesaling, flipping, rentals, lending, self-directed IRA and Solo 401k investing, or tax and legal guidance.

My day is full of these little 5-10 minute gaps where I can't get back to work on something until someone else finishes their part and passes it back to me. 5-10 minutes isn't really enough time to get to work on a different file, but it is enough to read a BP thread and reply to it, and it keeps me in work-related mental place, unlike say facebook or youtube.