That is your first step - determine a strategy then understand it, go to local meetups and talk to people who also do it.There are many different strategies in real estate so unless we know specifically what you want to do, its tough to help.

We analyzed thousands of rental listings to help first-time landlords understand what to expect—and what to do if expectations don’t match reality.1.

If you are looking to broker loans - that is why many do it but before brokering a loan you need to understand how to price them, which is typically best done when buying loans - similar to real estate wholesalers, you ahve to be able to estimate repairs and work backwards, with notes you need to also know how to price them and undersatnd collateral.

I understand with a cash out refinance you will likely lose the low rate you currently have but it is still a better play over the long term.

@Sungyeol ParkRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location/neighborhoods to invest in.Why is Property Class so important for investors to understand and apply in their investing strategies?

It would be beneficial to start connecting with a loan officer now  to understand your options for the next purchase, and of course to stay active in the local market to build familiarity and spot good deals. 

It is my understanding that selling them involves going through a special step that involves a more in depth title search, making sure that each time the property changed hands the Register of Deeds duly notified all concerned.

This should include an experienced tax advisor with a strong background in real estate, as well as an asset protection attorney who understands your investment strategy and personal risk tolerance.

@Erik Estrada I always propose we do a single deal and get to understand each other and then the volume will come

These deals are more land banks deals and I understand not much equity but it does get down with the right information and partnership I presume.