If you want to become a builder, I would recommend working for a builder to learn. 

@Tiffany Liuhttps://andersonadvisors.com/121-exclusion-depreciation-tips/Some good primer here.Regarding short term rental, while it is not passive income, you can do a master lease from an LLC to a Corp to regain some of the passive income in the LLC while operating the STR under the Corp.

Hi, I have been scouring the web looking for information on Sub2, Subject to, and Subject 2.

Do you have any recommendations on how do get started on finalizing the location - some data or tools that can help me make my due diligence ?  

@Jake Posnerstrongly recommend looking closer to home - OOS investing is more difficult than it's made out to be. andwith rates where they are, there's just about no cash flow right now unless you employ a creative strategy or a combination of creative strategies.if you just buy any old property in any old market, you're not going to cash flow.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Even if you purchased your home at the very tip-top of the market before they dropped by 19%, if you would have simply paid your mortgage payments, mowed your yard, and stayed in the house for 6 years (you had to live somewhere during that time), you would have made money on your home...and that was the worst drop recorded.

@Cosmas Paulosi we've posted this hundreds of times, because it's very logical:)Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.So, when investing in areas they don’t really know, investors should research the different property Class submarkets.

I'd love to have your input on these market and other market you would recommend.

It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..Wishing you the best