Narrow it down.the circle of competence as Warren Buffet puts it:doesn't need to be big

This is how we started and eventually found our business model; buying a few notes and slowly but surely working our way up from there.PM me if you ever have any specific note questions or if there's anything else I can help you with.Best,DaveP.S.Thanks for the shout outs @Edward B. and @Chase Thompson!

While I finish reviewing the UBG I'd like to review possible markets to enter, narrow the options and research the market.

Buy B and C+ class properties, get a better class of tenant, and put systems in place so your repair guys know what work to do to make rent ready every single time.5) Consider doing what I did and taking the first couple years rent on each property to store up 6 months of reserves for each property, and to upgrade the features of the property.

@Daniel Collins The first thing you need to do it narrow your focus to metropolitan statistical areas.

Road and bridge dept. superintendent  claims that they cut them backwards to a 1:3, since it is a private road the county cannot force him to recut, and in most places we are already at the minimum driving surface of 24' so recutting them less steep would make the road to narrow.

That way, it is easy to sum up my remodel costs for my taxes and I can narrow down my search of receipts in case I get audited.

@Cailyn Aune I usually post an add saying "looking for our next great tenants who would like a 3-4 bedroom home, must have good references, income, be able to afford at least $x per month excluding utilities etc" then I get a ton of responses and then I narrow it down to one or two families over a few weeks of vetting and pick the ones that can meet criteria and afford the rent I am looking for.

If you're quick to file your 2017 taxes in, let's say, 2018, then the minute your taxes are filed--boom, you now have 2 tax returns on "property B" and the loan underwriters will now consider it "self-supporting"... meaning you are no longer held responsible for paying "expense group A" AND "property B".  

Echoing what Ned and Paul have said, I would also add that if you're looking for actionable steps, I would recommend narrowing down your study focus.