I listen to bigger pockets podcast about 5 hours a day, what else can I do to prepare myself and even make some more money right now?

If so, make sure to ask the investors if they would consider sponsoring the deal for a piece of the GP ownership.If this is your first deal, be prepared to give a big chunk of the deal away.

In this market, it is important to be prepared and know there will likely be trying times. 

Sec. 1.168(i)-6(i),” and describing the property.When to Recommend or Decide on a Cost Segregation Studies When a property is acquired using a Sec. 1031 exchange and cost segregation is also considered, taxpayers and their tax preparers should contemplate maximizing the basis to which the cost segregation study can be applied.

Did you target a location and find a contracting company first to be prepared before hunting for deals?

Columbus has spent 1.4 billion just on downtown highway development as the city prepares for the growth.

While your cash earns interest in a money market account, you could also explore tax-efficient investments in a brokerage account to make your money work harder while preparing for the tax hit.

As a lender you must prepare estiamtes for loan expenses, profits would be unknown, so they can't be disclosed under RESPA and your APR calculations will be off by much more than one tenth of one percent, so there can be another violation as a lender and usury law may apply as well.

You made an incorrect assumption that I was being lazy and not reading or studying how to prepare for this venture. 

@Gary StarkReal estate tax return preparation is very complicated.