Rookie in real estate
After countless hours of scouring the internet for answers on real estate investing this seemed like the place to check out. I am new to the investment game and figure that my money might do better on buying investment property and getting rent on them than it sit in the bank at the rates they are at now. I currently live in VA but I am looking at investing in property in FL. Not sure where to start or whats a good formula on whats a good return on rent vs monthly expenses. Not sure whats a good plan of attack, buy one property out right and get a loan on a second one or split what I have in savings and get a loan on two. I have the contacts in place as far as a realtor, property manager and my bank. I would like to learn as much as I can before I step foot into this and to be able to get input from all different people who are investing. The do's and dont's so to say. My contacts have been helpful, but I would like info from other sources.
Thank you all
Chris