Given this cashflow, probably I would be paying out of pocket for vacancy, CapEx, etc for the first few years until it's a good time to refinance.

@Wayne Brooks Dennis, you need a good agent.

@Dean Ng- Referrals are usually a good way. 

Look for feedback on their service quality, property management, and overall investment performance.

sounds good..

I am debating should I buy 2 bed 2 bath condo or 2 bed 1 bath will work as 2 bed/2.bath. current 2 bed 1 bath we want to phrachse, is on good location.

The deal I chose was somewhat at random, but also looking at price points and neighborhood ratings I thought would be good for a first investment.Below is my attempt to break down this deal. 

Are these good options? 

This is a good resource for you! 

However, please remain positive.Hey Ike, Good plan for the door knocking and the wholesaling including MLS search.