Bp's YouTube beginner's guide to real estate investing course discussed notes briefly.

This makes sense since the PM has a system already in place, knows the community and the clientele, and probably has much better resources than the out-of-state investor has.  

Determing your goals and passion is Step #1 in my 10 Step Guide.

@John Hyun - establishing your goals and purpose for real estate investing is step 1 in my 10 Step Guide.

There are plenty of good resourceful people on BP and not all of them attend REIAs.Best of luck to you!

Better to over-educate than under-educate IMO.Here's an article to help you get started: https://themortgagereports.com/19098/first-time-home-buyers-guide-the-basics-of-mortgage-sp16i.

I think hard money lending would be awesome, I am not at that point yet, but I have worked with several of hard money lenders and I know that if you do hard money lending that you will need a system and guidelines to guide your lending decisions along with enforceable legal documents in case things don’t go as planned you can foreclose and take back the property to recoup your investment.Turn key rentals managed by an honest turn key company could be a good avenue for you but you will need to vet the company and manage the manager.Buying performing notes is also more of a passive investment that could get you maybe an 8-9% return.

@Surendra Chawla and others, for the Phoenix metro area, I found a very useful resource called the Cromford Index.This is put together by ASU's Head of the Real Estate Dept (Prof Michael Orr).http://getyourphx.com/refresher-the-cromford-report/http://cromfordreport.com/index.htmlThis seems to be a very unique and highly useful index specific and limited only to Phoenix area.https://www.youtube.com/watch?

On our own projects, we always make our own assessments of rental rates, and there are numerous resources for this data once you know where to look.You need to determine the business plan, i.e. duplexes vs. larger project, then have an architect layout the design on your chosen path, then run a set of number (proforma) to determine feasibility.

Since its owner financing, the terms are loose and not guided by DC bureaucrats.