Definitely ask your realtor about appreciation in the area you're looking to purchase.  

Purchase price: $130,000 Cash invested: $28,000 Purchased this one via 1031 exchange out of a SFH.

The wealth of information from this group will help you feel comfortable when you purchase your first property.

Hi Zach, I’ve recently purchased a planner that is very similar to this.

I am a new investor and I am in the process of purchasing a property with my Heloc (7.75% fixed for 60 mo).

I know Dean and I am sure his course offers some insightful information regarding buying real estate notes.

However, I've come across one potential issue that I'd like to clarify.I've read some articles suggesting that in Oklahoma City, it's not possible to purchase a property without using it as a primary residence.

I was doing a lot of legwork and still paying RE agent for the transactions up until got my own license.pros: no commissions in your transactionseasier qualification as real estate professional to offset high W2 of spousecan get access to any house/ easy logisticsmore control in the transactionMLS access with all the information on tip of your fingers, you can move fast with the deallicense knowledge helps to make better decisions and gives broader understanding of the industrycan legally do property management for others, wholesale (many states now making outlaw to do it without license)cons:need to take an exam (it needs preparation and to be good not just barely pass you need to study)fees you pay along the way (MLS, brokerage(I signed with investor-focused on and have a monthly fee and a transaction rate))self-management including taxes and feesneed to relicense + paid education Don't forget the biggest con.

BiggerPockets can be a great resource, and I know there's tons of information available on the Fort Myers market specifically.

You most definitely can go in on a Fourplex with 3.5% down, primary residence, living in one of the units, find out what purchase power you have, and what the rent rolls for the other units will be to determine your cash flow.