A little about me: i’m new to the real estate world and eager to learn everything I can to build a successful investing journey.

If anyone tells you that you can get 15% cash-on-cash it's either a scam or ultra high risk. 

These are deals that people can find on and off market, they just need to be creative on what they can do to the property to make the deal a deal  

I'm only at 3 rentals and just 1 tenant can make or break you trying to be a PM while also working a w-2, I've already come close. 

You are answering your own question.

Just make sure you go through the contract they present.

How much will you offer?”

I will not comment as to the tax laws and underlying rules - that is a discussion you can have with your tax advisor who presumably you are paying to help you.What I will do is provide practical and business guidance on tracking time.Firstly, there are apps available that can assist with time tracking where you can specifically detail your time, who you met with, etc.

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

Role-playing.     . you paid $300k 10 years ago, it’s worth $660k, (so when you sell you net $600k to make math easy.)and your cpa determined that you owned zero land, so it’s all depreciatable. you owe 15% on the $300k gain plus 25% tax on $109k depreciation recapture, so you owe $70k in federal taxes, then California reaches out for another $30k?