If you plan to do multifamily in the "Far" suburbs it can be harder to hit your cashflow targets VS city/near burbs simply because there is limited inventory. 

I have also used hard money and private lenders as well.What Started my obsession with REI:I, like many of the individuals on BP was frustrated with the lack of freedom as well as minimal feeling of accomplishments through my 9-5 job.

That is a recipe for disaster, and if it gets around there are hundreds of people that will provide him compelling ways to lose it all in "good" investments.Alas, financial self-education is something that is hard-won and severely lacking in this country.  

Loans or lack thereof don’t impact tax calculations—only net profit matters.

And while someone paying a professional to do a detailed and relatively costly search may be able to ascertain your wealth status; a superficial search would probably leave the potential plaintiff believing you lacked the assets to make a lawsuit worthwhile. 

The hurdle I believe is lack of Real Estate knowledge Any advice on a real estate education source?

A deal that produced a 25% net IRR to investors with a 1% acquisition fee, 1% asset management fee, simply pref + single tier waterfall, etc, may only produce a 15% net IRR under the current fee and carry structure, if their acq fee went to 3%, pref went down, they now have a GP catchup and multi-tier waterfall giving them higher splits for higher returns, etc.

I've been looking for off-markets on Facebook groups lately.I've prepared some acquisition funds.I'm still lacking in research on rehab and refinance.

there would be no way you would get financed for this given your lack of knowledge of the subject..

And compare that to simply refinancing.