My goal is to provide as much value as I can and hope to establish multiple relationships with investors in the area.Where are the best places to network with other investors in the area?

How do I begin the process of actually breaking into such an established network of people who have way more experience than I do?

These plans typically cost a bit more to establish due to the legal work, but in most cases will save you considerably over the long term.

When your friends are your tenants it's more important to establish roles between Landlord Ross and Tenant Ross. 

Dig deep, and establish that repport with them, so they feel comfortable just telling you everything, "Tell me your story. 

I've established some connections in Rochester, but interested to pick the brains of other investors in the area.

One company owns everything and does nothing (this is your SLLC a/k/a “asset holding company”) and a completely separate company handles all of your operations (this is a traditional LLC a/k/a “operating company”) For the operating company which serves as your face to the world and through which you do all your business, you establish a Traditional LLC to carry out the operations of your investments.

Is it as simple as receiving money from the acquaintance and repaying it according to the terms that we establish? 

I don't think you have to worry about it in your state:"The federal law that established Section 8 does not require landlords to participate in the program.

We have implemented thousands of these structures and have a streamlined, efficient and professional process for the establishment and - more importantly - support of these structures.If you had issues with your heart, would you go to a general practitioner or to a cardiologist?