Find that individual (maybe from a local REIA) and when you feel comfortable, just jump right into the next step as you have shown the willingness here to do!!

My feeling is that the more I know about a neighborhood (not just the real estate), the more comfortable I feel investing.Any thoughts, help, good/bad stories are greatly appreciated!

I have a well-paying job but have realized that my 401K will be the answer to a comfortable requirement - thank you Robert Kiyosaki!

My net worth is in the multi-millions, I have no debt, and I can live very comfortably for the rest of my days while donating graciously to help others.

I have come to a point where I have read a decent amount of material but at the same time I feel for me to really learn and feel comfortable in investing I need a more hands on approach.

I have the opportunity to buy this home off market which could help to get a better deal, but as a long term rental, the numbers are still a little tight for comfort.

I have been sticking to looking at strictly SFH REOs because that is what I feel most comfortable with (aka have done the most research for), however I continue to get tempted into a possible townhome deal, or at least look closer into them.Is the major disadvantage dealing with association regulations?

I think as you become more confident in your roll as Landlord, you will become more comfortable enforcing the rules and won't feel like you need a pm ....

I am not sure if this possible, but I really don't feel comfortable going into business with her.  

It is a nice quiet neighborhood, but for NYC commuting, it is long, but at least I get a seat on the train.You already know that the Bronx is heating up for a few years now, and although not guaranteed, those $550K homes will inch closer to $650K.