Rushing into a deal without thorough investigation might have severe effects.

@Andrew SwaimConduct a thorough walkthrough of the entire property, inspecting every room, including closets, basements, attics, and exterior areas. 

In particular, they are very thorough in screening tenants so that there will be little hassles or turnover.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

How thorough is your screening process.

The BRRRR method requires careful planning, thorough research, and sound financial judgment.

Every system you try will have flaws, or you may salivate over a feature that appears in other software.Some familiar names are mentioned frequently: Stessa, Apartments.com, RentRedi, TenantCloud, Innago, RentManager, Avail, Rentec Direct, Doorloop, etc.I recommend conducting thorough research on each app online to understand their offerings, pricing, etc.

Even after you’ve vetted the “guru” you need to do a hard and thorough self assessment and see if the type of work is right for you.  

Conducting thorough research and potentially working with a local real estate agent who understands your investment goals can help you find the right market to invest in.As for your timeline, it's important to be realistic about how long it might take to achieve your goals.

Great and thorough answer, @Corby Goade!