Quote from @David Neubauer: Hi all, Over the past year I have been gathering knowledge on various different types of real estate investing.

Not sure if this option for commercial STR coverage is common knowledge among State Farm agents. 

A more holistic approach that is more art (experience, knowledge, and feel) than science (spreadsheets), but it comes with time.

BP is an excellent platform for enhancing your knowledge and building your network.

I am aware of certain zoning and regulations but am looking to further my knowledge before potentially venturing deeper.

My journey into real estate began with a fascination for property markets and a desire to create impactful investments.Currently, I'm eagerly scouting for opportunities in real estate, aiming to leverage my knowledge and network to uncover hidden gems and lucrative deals.I thrive on collaboration and believe in the power of partnerships.

Ideally, you would want one that would share systems with you (spreadsheets, budget tracking, walkthrough checklists, etc) this would save you a ton in time and duplicated effort. 

If you start in your market now and then transition later.. you will have to rebuild your entire network and start over with your knowledge on the selected market.I suggest looking into OOS investing.

I am looking forward to growing in my knowledge as I expand my skills in REI.  

But if “by doing” he means investing without first having the knowledge to KNOW the risks, EVALUATE the risks (and potential rewards) and to TAKE ACTION to reduce the risks then the cost of this learn by doing education is probably going to be significantly more expensive than a degree in real estate from MIT, let alone reading the\ree or four texts on your own.