There is a lot of good information on here and there are a lot of people willing to help you with your goals. 

Any information you can share on what you have learned acquiring your first contract would be appreciated.

They can also give you valuable information on neighborhoods, values, etc.  

There is tons of great information on this site and many of us started our education right here on BP. 

Make sure to check out all of the informative podcasts.

Make sure to check out all of the informative podcasts.

I have many investors I have worked with that rave about the great information and support they received from the users of this site.

Welcome to the website, there is a lot of valuable information on here.

@Mat Deveaney - I took a look at the posting but didn't see any information on income of the units, what utilities are paid by the owner, etc.  

I would assume that with an increase in renter occupied units in an area, the competition would be higher and therefore it would make sense to go outside of the area of competition (given other demographic information indicates the area is still appropriate for a buy and hold strategy).