We are conservative investors since we will be out of the country eventually.- These total 10 duplexes should bring in 30K gross rent per month and cash-flow about ~3-4K/month.We don't plan to use any of the cash-flow for personal expenses and after keeping sufficient reserves, we will funnel the cash-flow to pay-off existing properties.

New to the site.  Been working with someone to help me find properties for Section 8 in Cleveland. Prices are getting a bit high and looking for other decent cities to invest in.  Prefer Eastern part of the country.  ...

@Matthew MorrowI am curious and not trying to start a war - but when you say you can see both sides - what is the side of a “wholesaler”I am not an agent but an investor - and I don’t see the legitimacy’s of wholesaling without a license.

Here are some things to consider:Most investors don't need software until they have 5-10 rentals.

Avoid lenders that make you escrow your monthly payments at closing, that is not uncommon for new investors but far from necessary and there are many lenders that won't do that to you, regardless of your experience.

BP community - I am an out of state investor considering long term rentals in the Grand Rapids area, more specifically Eastown / Midtown neighborhoods.

A really good episode of the Bigger Pockets Podcast on YouTube recently features an investor specializing in mobile homes. 

But at the same time, we also hear story after story of the investors losing almost everything at some point or losing large amounts of money due to the financing. 

Hi there, my name is Aram, I'm a financial advisor and a newbie real estate investor!

Another option is to seek out creative financing solutions or grants that assist new investors.