Rental Properties advice

Go to biggerpockets dot com and read for 40 hours then come back with questions you have

Although they can likely be answered there even better

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Are you able to make repairs yourself

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I dont make any repairs myself.

Really ask yourself if you feel like being a landlord long-term. It isn't easy. If you're not the drill sergeant type, then you may need to utilize a management company for your rentals.

pre screening tenants is everything.....everything
A management company can pay for themselves just doing that

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pre screening tenants is everything.....everything
A management company can pay for themselves just doing that

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this X 1000

for someone just starting off I suggest getting something that is as close to move in ready as possible... dont take on a rehab project on your first run.
But avoid "turn key providers"... they charge a big premium for their inventory. A sweet spot I found is purchasing well-maintained owner occupied home where you only need minor stuff like new carpet and some painting.
If you can afford a single fam home over a condo then aim for that. HOA costs typically kill a huge % of profits.
In this pandemic consider offering only month to month leases.... who knows what type of eviction protections Biden might put in place.

Agreed on a good contractor or even a list of a few different handymen that do different things like electrical, plumbing, etc. Honest to god some of the cheapest and best work I’ve gotten was getting guys in Home Depot parking lot. They work their asses off and for good labor. Some of the best money spent was doing this.