@David KhalfinThe best and most efficient way to go once you have read books, listened to pod casts, and attended some networking events is to shadow those that have successfully invested out of state. 

The key is to be as tax efficient as possible for everybody involved.Good luck to you!

I think the idea of scaling to larger, multi-unit properties makes sense because of the efficiency you can realize.

I need a very fast piece of advice...my banker is waiting on my go ahead to continue processing a loan for a BRRR.I received an appraisal equivalent to the negotiated sales price on a duplex with a basement efficiency apartment I am going to BRRR. 

Meg Schlesman ,In my opinion there is nothing wrong in getting additional education/certifications, but I think having reliable partners (home inspector, appraiser, agent) working with me is way more efficient than trying to do everything on my own.

Owning a piece of rental real estate is like owning a small business, with income and expenses...people are just willing pay high multiples for it (i.e. your 5% cap rate, which is 20x earnings) because it is tangible and has been predictable over long periods.Regarding market efficiency, the real estate market inefficient. 

These costs are reduced with efficient managements, and economies of scale.

What you are looking for is someone who is knowledgeable, trustworthy, efficient, and an excellent communicator.

Different institutions will have a different process, but hopefully you are working with a good financial partner in your bank/lender that has shepherded you and the deal through the process efficiently and honestly.  

I see so many avenues to REI but want to pick the path that can get me to my goals most efficiently.3. hopefully fast track my networking, as this is an area that I am probably weak in, I am not the one to start conversations in a group of people.I am looking at it from the perspective that it is more effective and efficient to learn a new skill with coaching/mentoring than to learn through trial and error.