I’ve got several great property management recommendations in the area.

Which calculator do you recommend that I use?

Thank you Ranjit :) Are there any RE meet ups you can recommend in your area?

I read some where that I could sell the house to a 3rd party if I do a double closing and pay the owner what is owed to him and take my profit at the same time.

I recommend reading “Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” - I found it to be very helpful when I got started investing 2.5 years ago.

At this point, I would recommend having a line of credit to cover these things so you don't have money sitting in the bank doing nothing when it could be put to work.I have 33 units, no debt except for mortgages, and excellent income.

Also read a bunch of books and watch a bunch of podcasts.  

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best!

Do you have any recommendations for a place around 1-3 hours from SD that can be interesting to look into?

In your case I would recommend you buy the $2000 machines and raise the rent. 95% of my prospective tenants would prefer a unit with the machines as opposed to the 5% who really don’t seem to mind the laundromat.