If you’ve held your property for a while, you’ll also need to factor depreciation recapture into your tax obligation, which is another reason why 1031s are valuable if you decide to sell.

Anyone will say thats made it will say just take action and do it even if you lose you gain valuable insight and find out if real estate is for you. 

Maybe start in an area where property values are not as expensive this way there is less risk of not completing the project or losing your money and you can gain valuable experience this way. 

Anything that sounds like gathering data is most likely a waste of your valuable time.

You will gain valuable insight and save on the fees which will make it easier for your first one to succeed. 

My Goal by the following month (mid-late October) would be to share the valuable information for other Real Estate beginners. 

I'm getting some valuable, relevant numbers because my mom is in the process of updating the big ticket items in her 25+ year old home nearby. 

@Ben Stoodley this is VERY valuable information.

My career focus is to become a sports agent (client adviser) in baseball for MLB.

Perhaps your DTI is because of five sports cars and a mansion you can't afford.