I discovered bigger pockets podcast sometime during the summer of last year (2018) and I genuinely cannot get enough of the information they put out.

discovered via friend who is an agent How did you finance this deal?

You don't want them moving in, discovering a bunch of problems, and then trying to pressure you into additional repairs. 

It wouldn't do any good to invest in a town and then discover all the property managers suck.Find a Landlord-friendly stateFind an affordable marketFind a good property managerFind a good REALTORFind an investmentI highly recommend you read "Long Distance Real Estate Investing" by David Greene.

Not sure what laws are in your area, but I've never heard of a LL being responsible for taking the tenant's garbage to the curb for pickup.

If the property is currently occupied, I can almost guarantee there are issues you'll only discover once all the furniture is gone.If it takes you only 30 days to find a buyer and close (which isn't likely), then you will have spent nearly three months to make $20K.

Eventually, through further investigation and due diligence, I discovered that the seller didn’t plan on using the proceeds to retire to Greece but rather to develop a new apartment community directly next door!

I discovered that at least in Wisconsin, those lenders will demand the full balance of the amount owed in order to give the title to a purchaser.

Wal-Mart, McDonalds, etc. aren't just going to absorb another $6-7/hr increase per employee...they'd be out of business in a  year.I guess from the LL perspective, the few people who would have a minimum wage job would be able to afford the rent more easily, but less workers means less prospective tenants to choose from.

I just discovered recently that that is a HUGE mistake, being that if anything were to happen, my insurance won't cover it since the property deed is under the trust and not myself. ( I corrected for this huge mistake).I've spoken to my two insurance companies and one of them has put the Trust as the 'Name Insured' and the other has put another property as 'Additional Insured'.