Even though it’s for medical use you know the reality is it will be like  OxyContin and end up in the wrong hands for sure .

I love real estate and want to jump in head first since this is the first time everything is paid off no debt except for this house cash on hand (50-60k to invest) ....

For those of you who have a handful of properties under your belt, are there any key indicators you look for when investing in a certain area, such as median income and unemployment levels, etc?

There's no downside: The worst case is it gets thrown out if you end up in court.If fact, I would use the exact same waiver you already have in hand, modified to refer just to the landlord and the tenant.

Along with going to these meet ups and shaking hands and networking you need to join real estate groups on Facebook and stay active om there as well.

Obviously you'll have some costs associated with the HELOC, and you want to be very sure you can sell your existing house quickly (if cash on hand is tight). 

I learned first hand that it can definitely be a bit overwhelming starting out. 

bird in the hand etc etc. etc..

Keep your cash hand on for emergencies and opportunities. 

Welp...if you are worried about a crash then just make sure you keep some cash in hand or a way to get some and go crazy buying cheap properties when it does!