This is a standard business practice used to train tenants to understand that late payment is not tolerated.

It's a suburb close to the Elkins Park train station that can get you in center city in 30 minutes.This will be my first investment property. 

@Luke Naylor I still recommend Quickbooks Online Plus.

From there I did as much research online and I went to conferences, I bought courses, read books,I listened to podcasts and youtube videos.A good place to start is with Fuquan Bilal's  book Called  "Turning distress into success".

I have looked at employment and growth rankings online and things like that but I also like to hear it from actual investors. 

@Jesse KerrYou can ask them about average sales prices, days on market, housing statistics, age of neighborhood/when homes were built, things like that.If you’re interested in demographics or crime rates, you need to look at sites like city-data dot com or neighborhood scout dot com or local police websites, or whatever you can find online, as agents can’t provide that information to you.

With the right systems and training in place, I have had good luck using Virtual Assistants that I have found on Upwork.2 - you can partner with someone with more time than you have.Bakersfield is being hit pretty hard by wholesalers lately so it is really competitive right now.  

Instead of being focused on the public exchanges as the investing platform, however, they have the paperwork and staff training to document non-traditional asset holdings such as real estate, private placements, mortgages, etc.   

I may adjust up or down depending on the initial repairs that it will take to get the property online and in production.  

Spend the next couple of years studying finances, money management, real estate etc, tons to learn before you begin, and get your own personal finances back on line.