Why would they agree to provide cashiers checks without knowledge of purchase price, rehab costs, and ARV?

So, be prepared to learn a LOT or to hire or partner with people who have the knowledge and experience in these other areas.

Hello All, I'm new to the investment industry and I have little knowledge of how to start the process.

Trying to improve my knowledge in finding a sweet spots for my investment.

Hi there,Given the complexity of your situation—owning a rental property in Florida while residing in Illinois, house hacking with your daughter, and planning to claim tax breaks—it might be a good idea to consult with a Certified Public Accountant (CPA) or an Enrolled Agent (EA) who specializes in real estate taxation.While your current tax professional at HR Block has experience with multiple properties, a specialist can offer more in-depth knowledge on multi-state tax issues, rental income reporting, depreciation, and maximizing deductions specific to real estate investments.

A built in safety net if you will.THIS is great advice.

When you have control of your budget, money saved, and enough knowledge to be dangerous, take action!

Is it just based off knowledge from experience/visiting with boots on the ground/from speaking with other investors/realtors?

Check the in person events and meetups in your local area, our online community is full of knowledge and folks willing to share and still nothing replaces the opportunity to interact IRL, you never know who you will meet and where that can take you on your REI journey. 

There is a plethora of knowledge here and some great resources.