I know you've probably ingested a huge amount of info, advice, and marketing from all the forums and it can start to feel like too much info and overwhelming (or at least it does for me) but keep it up and please let us know when you land that first deal (local or out of state)! 

The longer you are invested the Lower the IRR. 10 years is a really long time for this type of investment.If you look at alternative investments I think you can find plenty (like stock market) that would beat this and you have liquidity.For example, warren buffet (or most likely his employees), ingested 250M dollars a few weeks ago in SNowflakes IPO.

The pest control will not matter if the tenant is not clean.The animals will eat the food,grease,trash instead of the poison.If there is nothing to eat they will ingest the poison and start to stay away.If you have a connected unit you do not own the problem could reside with those people and not your tenant.

And like you, I'm very specific when it comes to ingesting material, I always want to read every bit of the details, even for all the small things.You said: "I just use one separate account for all security deposits".See, to me, that's a bit vague and generalizing.

I have started with the content, and plan on ingesting as much info as possible in the near future.

I've ingested a ton of information on YouTube, BP, books, talking to folks, and I'm fairly deep into the process of purchasing my first property (I've already made 1 offer).

Lots of info to be ingested here on BP. 

I’m from Santa Cruz, Bolivia and I want to start rental property ingesting in the States, preferably in Florida.

The fibers have to be small enough to be inhaled or ingested.

@Daniel Lehrman First, I congratulate you for being able to see the benefit of real estate - in my experience, Financial advisors have completely ingested the Kool-aid and aren't able to see anything past a "standard diversified stock portfolio"  I can't even count how many broke financial advisors tried to tell me how I should be investing my money --- but I digress.As a real estate investor, a real estate license can be very valuable to you.... eventually - but don't think that getting your license will get you ready to start investing.