Esprit: One of my units is a furnished 2 bed 1 bath apartment for $800 a month.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

It may make less cash flow/ per month but in may cases in the long run after PM fees and Repair costs, many times it turns out similar.   

Many OOS investors pick one market to master before expanding.Spending the next few months learning and analyzing deals is a great plan!

They want to get a monthly check without having to work for it.

Interest rates doubled within a six month period of time and property sales almost completely stopped. 

My fellow agent Jennifer Flynn is great in handling rental properties...she can get you tenants and manage your monthly activities well.

We weren't super happy with anything we were seeing on the market, so my husband and I had just started writing letters and looking off-market... until we saw this property.It'd been sitting on the market for months.

That's not the same as paying cash.According to a different post, your credit card debt costs you $600/month.

This translates to at least $10 K a month in savings.