The smallest property I manage is a 929 sqft condo, and the largest property is a 4,180 sqft SFR.

It's the 3rd largest city in Michigan, borders Detroit, and has a high tenant population.

It also is the largest expense listed here by a significant margin so make sure you are getting an ROI on it. 

I'm sure that there are a lot of articles about this on Bigger Pockets.But, irrelevant of how much you want to put down you're going to need to see what the cost of the house is, along with closing costs, agent commissions (paid by seller but you're still paying it), taxes, renovations, etc. and then you have to see whether you think that you can sell it for a profit a few years later.But cost is the largest determining factor over whether you're going to achieve positive cash flow or not.Remember one thing.

We have a few dozen universities here, UB being the largest.

It's 22 rooms on 160 acres of land and you can buy it for less than what you'd pay for a starter apartment in NYC.My largest concern (outside of not knowing anything about hotel operations) is that it is VERY active - has a restaurant, would need employees, would need active marketing, high touch customer service etc. 

Consider 11 of the 12 largest tech companies are HQ here.

The reality is that off market deals are of course some of the best and have the deepest discounts that at times result in the largest profit margin. 

I did not mean to imply that people could not learn about real estate on their own and I really did not think that was what I wrote, but, after rereading my own post, I could see how it could be interpreted that way.Here are some basic facts:The largest community owner group in the state of Wisconsin(who had well over $10,000,000 in loans) chose to attend our Captive Finance Workshop twice, one with their CEO only, and once with some of his staff.

I am friends with one of the largest landlords in town.