Is there a website or service that helps create a welcome book to have rental information, instructions, etc?

I’m not saying anyone should rent if that doesn’t align with someone’s long term goals, I’m just saying that in most cases if your goal is only to be somewhere for a few years it makes more sense to rent, real estate isn’t magic you just simply can’t create a deal out of thin air, margins are the margins, rates are the rates & you make a plan based on that, but there’s not some secret way to make money, even off market deals I’ve found are often worse margins than on-market deals.

I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

This would include your agent, property manager,  and contractor.   

HELOCs can be a good way to get started, but don't forget to include that payment in your calculations.

Unfortunately, upon doing some initial research (including on biggerpockets and reading Brandon's book on real estate investing), its not always feasible to invest where we reside - do you alternatives in mind?

My first renter moves in next week, and I was thinking about creating an LLC for the same reasons mentioned by Wale. 

Anytime a legal matter is of concern, it’s helpful to include the State where the property is located and perhaps other pertinent details that would be useful. 

If you can get half your mortgage paid and retain some of your cash for the rehab (or get a loan that includes rehab $$) you should go for it.

GP would still recover from all of these, they can raise new fund, create new company or even create new hype (like Adam's Neuman wework dotcom).Ok....