I want to learn how to invest and own property to live off the rental income one day but I have no idea where to start.

I wrote about this on our BP blog: The Cap Rate Is Dead, Long Live the Cap Rate!

I have no idea how they found out where I live, other than maybe looking up tax records or using something like Spokeo.

These areas i have family and can live rent free.

@Josh Caldwell and @Jeanni Prescan i just settled a property this week where there was a holdback (an escrow ) set up to cover PA State Inheritance Tax liability, and I had another one two weeks ago, so I've had money taken from the proceeds on two settlements in two weeks going to Dept of Revenue for PA Inheritance Tax.We've also had hundreds of settlement, where the owner of the PA real estate lived in another state and "assumed"  that since they weren't PA residents that they didn't have to pay the Tax. 

It’s a performing note and the  collateral is an SFR in a different state than where I live.

I am in the middle of the mortgage process to buy a live in flip (170k purchase, arv 260k+) and i have the opportunity to get a Private mortgage for 60k @6% against a rental that's free and clear.

Comps in the area are 240k, I have a person that would like to purchase the house from me to lIve in.

A family memeber has built many of his home but lives in a different area and thinks material should not be more than $60k.

All of the units are currently rented.I plan on raising the total rent to $3400 (it is currently under priced)I plan on putting $5-10k into rehab At the $271k price I’m looking at an estimated -$26 cashflow loss while my wife and I are living there and a $355cashflow gain when we leave.$391 doesn’t seem like much so I may put one or two units on AirBnb.