I purchased from an individual...who actually had asked me to appraise the property.

Again, looking for a few like minded individuals that would like to get together for coffee in the coming week or two to share visions and war stories.

However they are usually hired by the association, not an individual unit owner.The seller may (or maybe not) be offering owner financing because the condo complex does not qualify for FHA, FannieMae or conventional financing.

I pick up a no trespass notice at the local police station, fill it out and give it to the individual.

@Brian Mitchell A few of the great books I read last year that would relate to real estate, investing, mindset, etc. are:Rich Dad, Poor DadNever Split the DifferenceThe Richest Man in BabylonThe One ThingHope this helps,

@Shay Singh - I bought 18 properties in 9 months and used a commercial lender (US Bank)It was not a portfolio loan, they are individual standard commercial loans but I did 3-5 at the same time. 

The LLC recently bought it's first property, you did not... so that transaction would likely not affect your individual status as a potential first time home-buyer. 

Doing it poorly will make you not want to get up in the morning, and most landlords do it very poorly.Rather than trying to source and then assemble all the key components of a comprehensive and bulletproof property management system (e.g., lease management, repair management, payment processing, lease renewal management, etc.), find someone who already does that and then let them do their job.That way, you can focus on your job: finding great deals!

Also, Fannie Mae's limit for mortgaged properties is 10 per individual meaning you can have 10 and your wife can have 10. 

I am doing the same thing as you.I have figured out the markets I want to be in and why.You have to not only look at States but individual neighborhoods.