I sure have to learn the terminology and implications of certain aspects and im sure I will but it very much helps having such helpful resources as the contributing folks in the forum here.Thank you all for your support!

I am most interested in house hacking and multi-family properties but would love to learn about all aspects of real estate.

Also make sure to consider all the aspects you can including the tax differences. 

Finding some sort of value-add aspect or buying at a discount means you either create or walk into equity, which protects you.

@Laura YelinI’ve never been, but when considering new markets I usually just fly there and spend a few days there scoping it out.

Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.

You can spend as little as $100 to form an LLC, or you could use an attorney and spend $1,000 or more.

Spending $15,000 on minor updates in a Hyde Park two-flat could raise the rental unit's value by $300/month.5.

The main issue is that to do the ADU you have to spend so much bringing other items up to code like electrical, plumbing, lighting (windows) and egress.

If you're earning primarily W-2 wages, interest, or dividends, those attractive depreciation deductions from your cost segregation study will be suspended.Think about it this way: You might spend $10,000-$15,000 on a cost segregation study, expecting immediate tax savings, only to find those deductions suspended indefinitely.Does this mean cost segregation studies are worthless?