I was sending my daughter in my place so she could learn and network with other investors. 

You'll also want to coordinate with your estate plan, and consider getting an estate plan if you do not yet have one in place.These are all things you will want to discuss with your attorney and CPA.

My girlfriend and I are newbies in the RE investing world, and would love to build a network with like minded couples!

I don't know much more specifically so ask your CPA about gift taxes (I think she could give you $17k of gift money a year without taxes) or capital gains taxes if/when you want to sell. 

BiggerPockets is great and I've also found meetups to be great help when networking!

*This post does not create a CPA-client relationship.

This property was sourced through Ann Mesa’s extensive network in Southern California.

@Heidi Fahringer wasted time doing several calls and then a meeting with a CPA and then got shocked with their proposed fee.After even more wasted time trying to find out from them why the fee was 10x what I had been paying - a lightbulb in my head finally lit up and I asked the revealing question and found they had a minimum charge.Obviously, we were not a fit.

A cost segregation study looks at the overall building that you purchased and breaks it down as much as possible.The purpose of this is to increase the depreciation expense.Without a cost segregation study, you are depreciating the property over two items(Building and Land).However, a cost segregation study might identify items such as fencing which might be eligible to be depreciated over 15 years instead of 27.5 years.Depending on the year that the building was placed into service, you might be able to take bonus depreciation on certain items.The follow-up question to ask your CPA is will the cost segregation study help me, and by how much?

Once you're ready for the next purchase, you will have more experience, a stronger network, and the confidence to tackle a bigger project like a BRRRR.