Welcome to the BP site @Allana Alexthere are plenty of educational information here: Videos, Podcasts, and numerous guides. 

I have read about this "net passive loss allowance" in numerous articles and it has never made sense until now.

Hi Brian, You have numerous options and resources to choose from at your disposal.

Sure, location, cash flow potential etc. but numerically, is there a sweet spot?

I am sure we will be conversing on numerous topics in the near future.

I think the main thing is for investors to have some sort of numerical value, regardless of what the seller calls it, to evaluate property. 

There's a standing invitation to play, but I'm clueless.)Please extol golf's virtues in the RE investing sphere, OR reassure me I'm missing nothing that's worth carving up some of my finite life for. 

Be sure to check for all kinds of useful resources and free how to guides.Networking is how to succeed in this space and as such I wanted to give you an open invitation to feel free to reach out to me at any time.

I have also listened to Gary Keller book, Rich Dad, Think and Grow Rich, 4 Hour Work Week, and numerous other business books.

Here's another https://clintcoons.wordpress.com/2011/11/03/how-to...Here's yet another http://info.legalzoom.com/sign-behalf-llc-23236.ht...The whole reason to have an llc, which is not absolute protection as numerous discussions on here indicates, is to create a separate entity than yourself.