It is my understanding that a CPA is only responsible for making sure you follow all the laws when filing taxes, but there is another role that is responsible for tax strategy and focuses on tax savings. 

It really got me excited to learn more and I am eager to get that first deal but feel so unprepared and don't even know where to start.

Tell her to talk to her managing broker about it if she doesn't understand.  

I am excited to be a part of the Bigger Pockets community and I am eager to connect with and help.

I've been in the real estate industry since 2014, but I'm now diving deeper into the investment side of things, eager to expand my knowledge and grow in this dynamic field.I'm passionate about building meaningful relationships with like-minded individuals and helping clients maximize their investment potential.

Make sure you understand the difference between capital expenses that get depreciated over multiple years and regular expenses that get deducted immediately.

.: @Ronald RohdeI'm sorry I still don't understand what you mean by " how much principal I NEED"?

I plan to network as much as possible and I’m eager to learn all that I can.

It's my understanding that the city is responsible for all the piping up to the curb stop in my front yard and I am responsible for the curb stop to my property.Yes from the water meter to the house is generally the owner and from the main line to the meter is generally the city.. 

But you have to be very creative and understand that if you're seeing deals from industry professionals (rather than sourcing them yourself), there's probably not enough meat left on the bone for a good opportunity to create value.Good luck!