We even went to RECON in Vegas to help us open our eyes a bit more to this idea we had. 

Real estate is an amazing investment vehicle for several reasons: It can be  income producing, you can depreciate buildings in the eyes of the IRS, you build equity as someone else pays your debt, it appreciates over time, and you can leverage it. 

I am a newbie, and would like a few more experienced eyes to look over the numbers and point out if I've missed something, whether the estimates are too conservative, or just conservative enough.

Originally posted by @Jay Hinrichs:typical with an unlicensed un regulated quasi industry.. but an unpopular stance on BP because many on BP are trying to get into the business as wholesaler and have no clue  Opened my eyes really quick.

As such, I go through a lot of the same trials as most other beginner real estate investors as I try to prioritize the right things to make the most of my time.We own a couple of buy-and-hold properties, and our long term goal is to grow that part of the business to have good passive income, with an eye towards an early retirement (though that's still a good 30 years away!).

I am currently working in an Analytics position within the mortgage finance industry, so I have always thought of myself as having a good amount of knowledge in Real Estate, but I have had my eyes opened while here on Bigger Pockets.  

Looking at this document with my inexperienced eye it looks like this has nothing to do with the property, and it all lays on the shoulder of Wells Fargo, but I would rather get a second opinion from somebody who knows what all this it.

@Hugh Ayles One neighbor in particular has become eyes and ears for me and she is trying to help me find my next deal!

That person becomes your eyes and ears on the ground.   

I'm mostly looking the east valley area (mesa, gilbert, chandler, queen creek) but can keep my eyes open for something in a different part of the metro area, or just outside.