@Bob E. thanks for joining the discussion.  

Joining one would be a great way for you to network.http://www.biggerpockets.com/rei/florida-real-estate-investment-clubs/

Always great to see another Chicagoan join BP.

Did you have to join two local boards?

You took a GIANT step by joining.

Hey MarcusThe 2% rule and 50% rule can be found in the beginners guide here on bigger pockets.The 2% rule basically says that for rentals you should be able to rent out your house for 2% of the purchase price each month, i.e. for a $100,000 home you should be able to rent it out for $2000/monthand the 50% rule basically says that over time 50% of your monthly income will go towards expenses (i.e. taxes, insurance, vacancy and repairs)While im not sure that the 2% rule is necessary for SFH since joining bigger pockets i have found that most serious investors dont operate on less than 1.3% and that the 50% rule can be cut to 36% if you are managing it yourself as roughly 14% goes to a property manager (but you should still want to pay yourself as a property manager)i would recommend reading the beginners guide it has a lot of helpful info on this subjectNick

But, then, Joe, that's not what you do, doing investigations, you joined here saying you invested in notes.

Welcome Kimo,You should try and join our next Snohomish County REI meetup.

Just type in your question in the search box and I'm sure you'll come up with some responses, or you can join the site and ask your specific question too.

Hello, I've just joined, seems like the most active property forum about.