Inspect your property regularly and hold tenants accountable before the problems get out of hand. 

New to the process and working to find my first property.

If the property makes income, that's good.

I purchased a SFH as an investment property -  I’m reading here  there some CUs and banks who will allow a 80% heloc (in order to get cash for another investment ) .

They are growing their portfolio one property at a time.  

If you're buying the property at a low price, this might allow you to cover 100% of the price with the loan.Regards,Jackson.

I am about to graduate from Stamford UConn with a Finance degree and hope to start investing in rental properties in either Norwalk or Stratford.

Another option is to rent out the property, but may limit income generation.Good luck!

There are 3 courses that have recently come to my attention about tax lien certificates and tax default properties either from others on this forum or from other real estate investors I know.1) https://www.taxsaleacademy.com/2) https://tedthomas.com/3) https://taxlienacademy.com/I think all 3 courses range from $1500 - $2000. 

There are plenty of investors who are in a financially strong position to self-insure their properties completely, take on much larger deductibles, or eliminate certain coverages from their policy in an effort to drive down their insurance costs.