I am however looking to start a rental management company in my area.

I would look at multifamily meet ups in the area to start.

I started by patching about a dozen (not small) holes in the wall, re-doing all the drywall in the bathroom, installing new shower plumbing, putting in recessed lighting, installing seamless LVP throughout, texturing/priming/painting all walls, installing new 5 inch pine baseboard all around, and installing custom bathroom vanity/pantry cabinets, and hanging new custom shaker doors in the kitchen.

I've seen plumbers and builders stop hiring because all the "young" people start the job and then don't put in any effort or stop showing up.Figure out what you want to make hourly, then start telling everyone and their brother that you need work, how many hours you are available, etc. 

I plan on moving forward with purchasing my first property and starting a portfolio locally -before the year is over..

If you're just starting out doing a deal or two together, the partnership agreement doesn't have to be that fancy.

Is it possible to start to realize the loss on 2024 taxes?

There was a large number of starts all at the same time, during the end of Covid. 

Thanks For the Advice @lydia &  @Ray Hage, thatsh helpful. ive Just started the online training and about 3hrs into the 75 hrs so Wish me luck!

Selling and exploring a 1031 exchange could make sense if you can find a deal with stronger cash flow or faster equity growth, but the key is comparing your current return to what your skill and experience could generate in another investment.Here to help,Jorge