I'm a young professional looking for area near beaches, shops, nightlife, etc - but willing to live in a outskirt to save some $ on my residence and invest in more of the prime locations for rentals.

I recommend you seek advice from a local professional.

Any profession requires it, if you're going to be a professional.

Professional greetings go a long way.

For now, I have professional people in Arizona.

It is not a substitute in any way for professional advice and some advice here is ok and some just plain bad, but overall this is an incredibly GOOD source of information for investors at many levels.

Better yet, just pay a bit extra up front and get tailored, advice from a trained, insured, professional. 

Hire a professional if you want the facts.

Hey guys,I hope you all had a great Christmas.Can anyone recommend a database program where I can enter information of all buyers, sellers and real estate professionals that I have established relationships over the years to keep track of everyone easier?

In addition, you will either learn skills while fixing the unit you're living in, or you will work on your network of professionals to work in your units.