Read all the literature and become informed as to your choices , then ask a more specific question and you’ll get more help . 

If you want to have a more hands-off approach and get a better split, brokerages like eXp and 100 percenters like HomeSmart can work for some.

Make sure the cash flow is strong because if it is like mine it will be a more active investment compared to other properties.

I guess we're lucky here with a more lenient bldg. inspector. 

@Josh Jack If you want a more small town feel, Idaho Falls has a lot to offer.

Hi, sort of a newbie here, have not owned a rental since 2004 and the landscape is incredibly different today.Question is - should I buy with cash then refinance to pull equity -or- finance with a more typical investment property loan (70%/30%) for my 1st rental?

These are all rough numbers and we don't have enough info on specific payment amounts and savings rates to do a discounted cash flow model to arrive at a more precise answer, but I'm fairly confident the DCF will say a similar thing as the back of the envelope math. 4.

I have done it before, but as I take a step back, I will look at all of my cost more carefully and make a more educated decision.  

You can ask at least one question about residential real estate investing that I will be happy to answer and provide you with resources to the best of my abilityI can't think of a more interested community to ask that the members of Bigger Pockets to learn what I should add to the program and what should stay out.Please let me know and if you rather not post it and get the answer to your question 9or 2 or 3), please let me know, and we set up a time for me to interview you and take your input for my course/program development.Thanks for your helpAxel

I guess a more direct way of staying my needs would be as follows.I am new to private lending.