Each state varies but generally you need to find an existing brokerage where you can "hang your license".  

How much do laws vary from state to state or even city to city for landlord tenant laws?

@Alex Capozzolo for Facebook advertising I believe the budget should be very "fluid" depending on your outcome.What I mean is that first you invest a little, check out the results and if you like the results, spend more.If you don't like the results tweak something, spend a little and analyse until you get the results you want.If you're making money with your advertising, then find out a way to be able to spend millions of dollars (step by step).In the beginning, you can see if something is going to be worth it for around $100 (depending on your local area this budget may vary).If you like the results, keep spending that much until you close the deals.Once you have cash the checks, increase your advertising budget as much as possible (gradually), so you make as much as possible.Isn't it addicting???

Hi Folks,Is there a standard percentage that you all figure in for vacancy, capital expenditures, maintenance and repairs or does it vary by area/property?

exterminator mentioned to tenant he saw active termite tunnels. i know treatment options vary. 

As the metrics above will vary depending on markets.b) then once you know what zipcode(s) to target, the numbers and metrics mentioned above will help you determine what is or is not a good value.2) I have been investing in direct mailings and driving for dollars.

Unfortunately, his massive success keeps him extremely busy, and he hasn't much time to mentor me to the degree I'm seeking.

I've combined info from experience, research, discussions with other investors, and several CA attorneys since they all have varying answers, perspectives, etc...  

So first there is the matter of my pre-approval which if you apply for a loan your debt to income ratio needs to be 45% although that will vary from bank to bank or realtor to realtor.

I understand that it varies but looking for real sources or specific examples.