But as I began implementing the details I found myself worrying too much about the little things and was basically wasting too much time setting up the business rather than doing the business.

We have seen a bit of the 'froth' taken off with the changes to mortgage qualifying recently implemented by the federal government.

But we are very low-tech, and limited by management and circumstances in terms of implementing a database or other common tools for the modern age.

My current 'strategy' (I've yet to implement...) wants cash flow and plans to hold this property long term.Thanks

I work as a Database programmer/Business Intelligence guy for a day job, but I am hoping to make the move to full time REI over time.  

When time permits, I put about 5-6 hours into education on REI.My Questions are:  1) With this kind of schedule, can someone suggest a pathway for me that I could learn and implement over the next 2-5 months and begin to transition to REI as a solid income stream ?

Proper education takes time as does the real world implementation of that education.

That's the plan, at least.I've filed to create an LLC in Washington state and my first deal is scheduled to close on June 18th.I still need to select and implement an accounting system (Excel, Quicken, QuickBooks...) and set up a separate bank account for the LLC.

I was thinking of implementing a $25 monthly pet fee and/ or a security deposit?  

I’m looking to implement a buy and hold strategy, taking my initial cash position and hopefully locking up multiple income producing properties using as little cash as possible (Maximum Leverage).After being honest with myself around time constraints I’m looking at companies that renovate, place tenants, then sell.... initially.