Be sure to check out “Learn” for all kinds of useful resources and free how to guides.

Check the Learn tab above for the various resources, I suggest going through the Ultimate Beginner's Guide.

Definitely be guided by market rental rates-10% can be a hefty increase that creates tenant exit when 3%-5% could maintain desired occupancy.

@Jorge MaganaFind and connect with other BP members that are in your area: http://www.biggerpockets.com/meet Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alerts Read Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingWishing you the best!                                                      

I built custom homes when I was younger and I am a land surveyor by trade.

Welcome to BP @Pugalenthi Natesan If you are just getting started check out the "Free Ultimate Beginners Guide" under the learn tab above.

Be sure to check out “Learn” for all kinds of useful resources and free how to guides.

Step by step guide would be very helpful.What do you wish you would have known when you were in my place?

I am their customer service representative and respond to all rental inquiries, maintenance requests and complaints. 

Great first step to learning and investing.I highly recommend BP's Ultimate Beginner's Guide, it helps to form a general foundation in the industry.