BP not only lets you network with other real estate investors, it also offers free online courses and videos for you to watch and learn from.

Thank you so much for the reply @Brie Schmidt :) I'm in Canada so I think the downpayment rules are slightly different. 5% is definitely ok for owner occupied but I'm reading that 20% may only be available for up to 4 units on a strong application.

I like Zoho, I'm not sure if I'll continue using it, just because it's one more website/application to manage.

In Arizona I have watched HOA fees climb to absurd amounts.

List with an agent and it'll be on all the MLS and all other rental sites most likely with professional photography, professional staging and you'll have someone covering the showings and screening the applications, running background checks, etc.

What are the major things to watch out for?

One think I would watch out for is asbestos since the units are so old.

I do watch flip shows & I know things can come up.

Be sure not to leave out property taxes, insurance, financing costs, utilities, and HOA fees (if applicable).More importantly, though, is making sure you know what the real ARV is going to be.

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