Hi Darrell,Check out the Property Investors Network, PINLots of locals do very well in rentals, it’s really a matter of having standards and a system, holding to them, and deciding how you want to focus your investments. 

I think Section III is what you want to focus on.

People focus a lot on CAP, I like the CASH! 

Is the focus cash flow on cash flow? 

As they say, try to narrow your focus as soon as you can, but at first you'll probably test a lot of things out.

Focus on finding people who are motivated to sell.

I can just look up recent cash transactions closed  and track down the active investors in the area.I do see this model happening a lot here in Texas ..these brokerages focus only on finding distress properties and double closing them to other investors... but they cherry pick comps, inflate their ARVs and market the property to newbies who have no clue what they are doing .

I think an alternative way to structure the concept is focusing on earning more as opposed to cutting/managing costs.

Now I'm ready to take action and start looking for my first deal.I am focused primarily on properties that I can BRRRR and/or flip.  

It's a 5BR 2.5bath unit for what it's worth.I've reviewed the ultimate guide to tenant screening, but that is focused on renting to a single person / family.