Here is a simple case study of a recent loan:Amount Needed to bring loan current: $18,560Loan Payoff at Purchase: $77,426Acquisition Price: $41,500Property Value: $400,000We acquired this loan in April 2023 as part of a pool of 16 other loans. 

Study different exit strategies, choose one based of off your goals, timeline, and risk tolerance, then find a mentor. 

If you are looking to generate tax breaks, if the property is a more expensive one, you might do a cost segregation study and accelerate the depreciation deduction when you purchase it.

@Michael Zandona - as far as I know, you can do a cost segregation study on any investment property.   

I have been in the car business for 16 years and have been studying investment real estate for 2 years.

Investing with a syndicator, ESPECIALLY anyone doing any form of outbound marketing or with a big social media presence, should be done only be experts who are skilled in evaluating sponsors (dozens or hundreds of due diligence repetitions and hundreds of hours of self study.If that doesn’t fit the bill start studying.

I've previously found cost segregation studies to be highly beneficial, particularly as a strategy to offset taxable income from both my full-time employment and rental properties.

Before putting together an LLC I would study the following:- Understand what level of protection it actually offers you and understand how to operate the LLC so that you never jeopardize the "corporate vail." - Understand risk mitigation through insurances - Understand how building a rental portfolio under an LLC changes the debt options you use when closing deals. 

After years of falling on and off track and finally centering my focus, vigorously studying, and pushing myself towards a new career I felt passionate about, I FINALLY got my Real Estate License.

With the right targeted marketing to people in the Northeast & Midwest, appropriate amenities for the audience (you’ll want to have super solid washer and dryer for assorted horse laundry, places to put saddles, a solidly equipped kitchen, places for kids to study and parents to work, etc) you’d be able to distinguish yourself in the marketplace.