Find a good PM that will save you a $100 through good management.

The home has an extremely comprehensive warranty for the first two years and I had the crazy thought of just not saving for any other expenditures for the first two years in order to save the cash flow from the home and money from my 9-5 to buy another home.

You might have her check out Set for Life (which is personal finance, though real estate-based), Retire Early with Real Estate, or Rich Dad, Poor Dad (like everyone is suggesting). 

This saves all of you a lot of time and trouble.Your idea of an open house is a good one depending on the market.

Good for taking the first step the next steps are saving as much as you can and learning the math so that you can evaluate various properties once you are comfortable with that you can get pre-approved and start seriously looking to buy.

An excellent book on due diligence: Brian Hennessey - The Due Diligence Handbook For Commercial Real Estate: A Proven System To Save Time, Money, Headaches And Create Value When Buying Commercial Real EstateIt's reasonably in-depth but a lot of this stuff one learns from experience.

I am saving money too.

I am saving money too.

@Seham Afaghani There's sooooooo much research and learning to do out there- Let me save you a bunch of time that I had wasted over 2 years ago and recommend you get your mind off of rental properties in Sacramento.

I would hope that someone is willing to partake in this sort of partnership.By the way, I live in the Los Angeles area, and I retire at the end of the month and am seriously looking to do this.Hopefully, someone out there is willing to take the lead and partner with me once or twice.