thank you for this, right now i am trying to narrow down the best location for this with the hopes of it cash flowing in the future, trying to play my cards right. i narrow it down to NC/PA/TN for spots

If there are any investors that have any advice on how they initially got their feet in the industry or would like to take a rookie under their wing, please reach out to me.

I would recommend starting with this beginner's guide, the Real Estate Rookie Podcast or with one of the books targeted at beginners.

@Chris Gerenser  this  topic is well discussed on BP.however when you buy in  a major mid west metro area and your all in cost is 40kanother words home has been bought rehabbed and profit for the vendor .. on its face your buying in the worst neighborhoods in town.. and as such you draw the worst tenants and it tends to be rookie out of state landlords that end up with these only to find out in a year or two that your cash flow is not anything like your expecting ... when ever buying in these markets you want to buy at the high end  IE 70 to 100k were your renters are SO" much better and your chances of success go way up.remember an all in 40k home has been bought for 5 to 10k.. and those homes are in the war zones and worse neighborhoods  it just stands to reason.. everyone I have seen on this thread is a first time buyer looking at the cheapest thing possibleIf you want to go 40k type homes you need to do those in smaller towns out of the urban core they will have separate challenges but   theft and war zone won't be one of them

You can receive credit card payments through Stripe or Square or take payments however you like....venmo, zelle, PayPal, check...your choice.

I am a rookie to real estate and interested in purchasing a multi unit property next year.

Obviously talk to a lender or two and see if it is in the cards for you to be able to buy two places so close together.

Doing this, I would play the sympathy card of being a small business not able to easily absorb the late cancellation. 

The only fringe benefits I'd expect to get that I think are reasonable are credit card points, sometimes.

I know it's rookie question... thank youlooking at purchasing two small cabins in a town that we like to vacation in thank you