What is your one best 'referral' resource to learn and acquire the 'chops' it'll take to enjoy a decent living?

I'm not an expert on Houston (besides thoroughly enjoying my Kinder Morgan capital gains & dividends), so this is not a topic on which I can give an educated projection.2.

While I can't offer you 3 more hours of dialogue, if you listen to Podcast 61, you'll be able to enjoy 2 more tantalizing hours of Josh, Brandon, and little old me...It's on YouTube too, by the way :)Thanks so much for the kind words, Aaron!

Maybe $1,000 then see if you enjoy screening sellers, and making offers. 

If you find that landlording is something you enjoy, you'll have lots of cash for a down payment on another property.  

That being said, I enjoyed my time there and don't regret going.

So even if I'm only making $1/mo, my cash-on-cash return is infinite while I'm enjoying principal reduction and tax benefits.In my experience single families tend to appreciate better than multis.  

It fascinates me how to rehab from a distance versus buying something turnkey, so I have to reread a lot of threads to see what terms are being used and what I think they really mean.I am thoroughly enjoying reading and learning from everyone.

I am trying to strike a balance between a market that can deliver month-to-month cashflow (after debt service) while enjoying some level of appreciation.

@Seth Mosley It should be calculated:CoC% = (All cash inflows - All cash outflows) / Total Initial Cash InvestmentI've always enjoyed this article by John Reed.