So, working hourly for successful RE broker or a PMC will be your best opportunities.

The only thing that bests fear is courage and we only need a mustard seed of that to get things going...People often spend money on college and never go in to the field they spent that money on...the greatest lessons and the ones most remembered are learned 'on the job'.Wishing you more good news in the future and an exceptional 2025. 

Quote from @Kody Smith: Quote from @Pat Lulewicz: How much SHF RE do you currently have?

I have not yet but I am planning to look into it for a client in the near future.

Are there any lenders you would recommend so this doesn't happen on future deals?

The objective is to keep as much of your operating capital intact as possible.The goal is to buy, fix, finance, and avoid leaving cash in the deal, so you always have liquidity for future projects.

There's no step by step guide but there are key things : Learn: RE strategies, what interests you, what do people in your area need.Connect: find a mentor, accountability group and be around those doing what you want to do.Help: solve problems- do people need dealflow, property mgmt, construction expertise, etc. 

RE is being bought and sold in every city or township around the world.

Look up the Future zoning map. 

This might be a question for our insurance broker/future attorney, but wouldn't the LLC be formed in Indiana since the rental property is located there (versus Illinois where we will be living)?