Total monthly payment including taxes/insurance = $675Current rent = $1150 (I think we could get it $1200, maybe even $1250, on the next lease)Our current tenants have been fantastic, handling basically everything on their own and paying on time. 

I spent 100% of my liquidity to buy that first house in Milpitas CA and that set me up for the rest of my career basically..

Try looking it up on www.rentometer.com You can use a basic search for free.

Should be basic and straightforward.   

I could go on and on about this but those are the basics I follow and advise my clients to follow when in a highest and best situation.

I have taught myself a basic but great amount of knowledge on what it means to be an investor.

I am going to try to dumb it down a little and stick with the basics.

They have asked me to basically do all the leg work and help manage the properties.

However, I do know there's codes and rules for the units to "pass" to be section 8, so I would look into those before the purchase (see if and how much you might need to put in) and know some basic things like that if you don't already.

If some of the ammo is old - some of it (mainly the boxes/packaging they came in) can be very collectible to folks and they'll pay good money for it.I just glanced at a summary of the regs for CT - basically the same as KS with a few more restrictions but not much different.