But I wouldn't search out an investment just for the OZ designation. 1031 exchanges are BAU for most investors and accomplishes the same goal.

@Alyse Oz I don’t have much experience with forming LLCs for rental properties but for use in a startup or business most incorporate in Delaware because they have a separate court for business entities and they allow for easy transfer of venture ownership to allow startups receive funding from VCs.

A) Start a Farm1) Create Neighborhood Website and corresponding social media sites2) Door Knock3) Every Door Direct Mail CampaignB) Sphere of Influence1) Create Monthly Email Campaign2) Be Social, go to every party, happy hour etc.3) Get them items of value every quarter4) Personal handwritten letters/birthday cards/holiday cards etc.C) Business to Business Networking1) Join a B2B networking Group2) Refer people to their business, be a giver.D) Go To Real Estate Meetups

@Eric GrossI started by working with my SOI Sphere of Influence, I collected everyone who I knew well enough (meaning they would talk to me) phone numbers and addresses if I did not have them (I ended up with around 200 people).

If you don’t have a huge personal sphere consider joining a team for a year as they will provide you leads and support you while you learn.

I am interested in this sphere and would like to learn the terminology, how to do the math and all basics of RE. 

A friend, neighbor, relative, someone from church, surely there's someone in your sphere that can fill this role for you.

No database / Sphere of Influence = minimal clients!

@Alyse Oz  You don't need a registered agent.

I have networked on here and within my sphere of influence and have found that U S Bank is very competitive and very hungry for real estate opportunities.