Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

It's great that you're focusing on building a solid foundation before diving into real estate.

It also requires different reporting of that separate interest expense on the K-1 each year so the partners know they have the obligation of tracing that interest expense to however the partner used the distributed proceeds.I typed all this up and realized Mr Brooks has left the building and posted this 6 months ago, but hopefully someone else will find this useful!

Or, should I focus on just holding these forever type deal and build a cashflow monster? 

Since your lot is already zoned RS3, you can (by right) build a new SFH or 2-flat.

Encore is within Reunion, there are a few different communities inside and all have different rules.

:Quote from @Jimmy Lieu:Have tons of examples of deals that hit the 1% rule and positive cash flow.

overbuilt. just google Austin and over delivered or overbuilt and you'll find your answer. strong market, expensive land, expensive to build. 

If you play your cards right, this could be a great way to build equity and add value to the property.

I am trying to tabulate Business that may have higher depreciation but yet help me build wealth in form of real estate or potential customers for variety of services.