I have been in contact with MemphisInvest and have been studying on BiggerPockers for the last month to increase my knowledge base and find out what aspects, questions, and numbers are the most critical for investing for "passive income" with my self directed IRA.

If you have to ask BP, you should not be buying - you should be studying!!!

I have been studying this market and most surrounding markets.

Unlike the stock market, at the end of the day, you can study study study and you can still lose money OVERNIGHT. 

So in addition to your 3% rent raise, you might get a little more out of it if you study the rule.

If you're like me, and you can just read the material, study on your own, and take a test on it, then I think preschools is the way to go.

After studying for a while, I am ready to invest and looking to buy and hold.My thought is to start with a condo, with reasonable HOAs and a well managed association and then move to a three flat or other multi unit property.

I've been studying the basics and have been thinking on how to make my first move.

When you are a grad student or a medical student you need peace to be able to study and a lack of roommate drama may be appealing.  

Most of us are not in the career we studied in school.