Michael S. mentioned Low Or No Money Down Investing, which is a Bigger Pockets ebook that can be downloaded for free.Bigger Pockets has various resources: ebooks, blogs, podcasts, forums, webinars, colleagues, keyword alerts, an awards system, a learn section, informative people in many fields of real estate, and mastermind groups to engage with individuals interested in real estate investing. 

I'm not sure of the challenges of having floor vents pose when installing new flooring. 

Each place comes with it's own challenges.

It will be a fun challenge to be involved in!

Out of state has it's challenges too, but we have developed a good team of partners on the ground who are our eyes and ears there. 

Here are our current monthly numbers:Current Mortgage with PMI, taxes, and insurance: $2485Upstairs rental: $1500, so we are paying $985 "rent"Conservative projected numbers within 5 years:Mortgage (after refinancing out of ARM and PMI: approximately $2200Upstairs: $1600-1650Downstairs: $2300-$2400Monthly profit: $1700-1750Despite all the challenges, stress, and struggles I feel like this project was well worth it, we learned SO much, and for the most part, really enjoyed the experience.

In addition to the forums, blogs and private messaging system, members will be able to jump in on a live chat with their colleagues.We know this will help you better engage with current and new connections and look forward to the impending launch!

I've done quiet a bit of research which include webinars, podcast, YouTube, and just some good old hard cover books, but even with all that information I'm finding it rather challenging to actually start making some deals happen.

I'm going to be more active on the forums from here on out, because I have realized that this is a vital point in my life in terms of REI – my first investment may be only a year or two away, so it would be best if I engage with others on the forums. 

Do you first engage some local experts to be your boots on the ground so to speak or do you simply rely on your relationship with the borrower/partner?