I am a first time investor and am currently under contract for my first property (yay?!).

If you are really unhappy about the cash out, you can take less cash out, but I don't think it's a big issue if you are cash flowing $100 - you essentially get a free rental when you get 100% of your cash back (with equity built in)

If targeting new construction, keep searching for an extended period of time until you find a builder that has a good deal, avoid builders that clearly will be difficult to work with, it was easy to spot.

They are both in demand, and appear to be growing, like multifamily.I would stay away from office and nota big fan of retail strip centers. 

I'm a new real estate agent, and a part time grandma, looking to create passive income so I don't have to work 9-5 the rest of my life. 

Most times its for a hard expense like insurance or mortgage interest but sometimes its for something like depreciation.

Competing properties might be capped at 1 bathroom, so the extra half bath could make yours stand out, potentially allowing you to maintain a higher rent over time. 4.

I know that is a big goal to reach, however, where should I start?

It's not a line, it's a confusing (even for tax professionals) web of connected and contradicting rules.

Sure, you have the big bad boogeyman of "what if I have a nightmare squatter?"