Read this article from less than two months ago and find the answer you seek.

Reading books/articles and listening to the podcast makes it all seem fairly straightforward, but I know that's not actually true so I'm trying to learn as much as I can to take the first steps!

I have been on Bigger Pockets for almost a month now doing nothing but reading articles, the forums and listening to podcast.

I have read articles that say there is zero tax liability on capital gains if you are in the 10 to 15 percent tax bracket.

As the above stated, Cap Rate has a numerator of net operating income.  

There are numerous sites available.

Maybe you can show them the newspaper articles about the bank robberies?!

Trent Hamm wrote a great article on financial myths this week, and speaks to this issue of home ownership and costs here.- In blue-ish political areas, renters are actually on the right side of the political rhetoric.

Here is a great article (and most recent I've found) from Yale News discussing the state of the marketplace and the issues the city is facing.http://yaledailynews.com/blog/2015/10/15/elm-city-...It seems like a great opportunity for investors to not only get multi-family units, but to focus on the low and middle-class family earners as renters.

I have listened to numerous podcasts lately and most advice I have heard is to start locally.