I wanted to organize a meet up with any locals in the area or out of state investors who want to network and talk real estate! 

Being new to real estate, I was not aware of articles of organization and operating agreements etc.

Or what seems crazy to me.Is it legal to create a 501c3 organization to buy investment properties and rent them out at fair market value?

LOL.There’s a WORSE WAY and a BEST WAY to try to obtain items 1-4 aboveBEST WAY: College or Professional Association courses in real estate (real estate license course as a base) and work experience for a REIT or other professional real estate organization and capital saved or equity raised from private parties with a MODERATE amount of debt leverage and or utilizing creative financing with low interest rate debt (may be highly leverage)WORSE WAY; Any guru courses or mentorship’s combine with high interest debt. 

As far as renovations go, I think I could get decent rent right now w/o the reno, then in about 2 yrs when the mixed use development has grown, I'll rehab the place and raise the rent.

Within that time frame the business's revenue has grown significantly and has outran my tax write-offs from buying the company.

Are you dropping off a box of receipts or do you have everything well organized in a spreadsheet and sending that over to them?

If your advisor uses Monarch Money you can grant them temporary visibility and organizing privileges which can be helpful as well. 

Bottom line - I am driven, organized, capitalized, and ready to build mutually beneficial, long-term relationships.

Or what seems crazy to me.Is it legal to create a 501c3 organization to buy investment properties and rent them out at fair market value?