I applied for a Cash Out Refinance with the bank that holds my mortgage.In an effort to actually enjoy my life and spend time with my 1 year old son as he grows up, I left my job at a Fortune 100 company to own a business where I make very similar money working about 6-8 hours/week instead of 60-80.The next step IS real estate investing.

I plan on self management and getting rid of my w2 job and do real estate full time so I need to learn this before I get to many problems on my plate. 

Numbers are as follows....This is my first deal and am looking for some more experienced guidance.Monthly Gross Rents: $3700Laundry & MISC: $100Annual Scheduled Income: $45,600Vacancy 2% & Loss: $1000Gross Income: $44,600Expenses:Taxes: $10,000Insurance: $1500Trash: $600Lawn Maintenance: $800Snow Removal: $500Gas: $500Electric: $1300Cleaning/Janitorial: $900Repairs: $1000Turnover Replacements: $1500Legal: $300Total Projected Expenses: $18,900Projected NOI (before debt service): $25,700

Step 1 for many investors is getting a good W-2 job.

You can start by getting a job that pays better.

I dropped new-owner notices and 30-day lease termination notices at the entry doors of all tenants.However, one tenant does not have a job, cell phone, nor electricity.

Two years ago I quit my Job in which I worked for 11 years, I invested most of my savings in Single Family Houses, buy, fix and rent and so far is going good.

I will be working a job, so I plan on reinvesting everything back into acquiring more properties.My question might come across as vague, but that is because I have been spinning my wheels & am not sure what direction to go.I currently have only 15k, just got married, & need a place to live.

Make a "ridicloulus" offer and see what comes back.How hard can it be to be your own PM and save the 10% for yourself until you buy a few more and outsource the job?

Just the process of interviewing property managers for the job will give you tons of information first hand about the areas and the tenants.