As far as tips, I'd recommend looking into the high-volume markets within any county of interest.

I may never buy a building with iron pipes again Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

I would always recommend using an LLC to protect yourself.

@Brian Malavsky We actually have an attorney drafted lease that states the following "If the Landlord maintains the Deposit in an interest-bearing bank account, Resident consents to Landlord retaining the interest, except as required by law."

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the bes

If this was your primary residence, I would highly recommend selling within 3 years of converting to a rental to maintain the section 121 tax free gain on sale of a primary residence (250k exclusion for single and 500k married). 

The agent recommended I talk with my current agency and get the renewal adjusted to reflect the property was occupied.I took the advice and reach out to Goosehead (my current agency).

I always recommend that clients do the cost segregation study prior to the rehab on their property.

I would recommend exploring Orlando and the West coast.

@Kiley Boss, I recommend going a slightly different route.