Yes, correct.

Hi-Desert market seems very saturated now and I do think the market will see some correction by the abundance of Airbnb's. 

How do you find contacts, reach out, market and then maintain your relationship with them?

You are better off making a small investment on your own, maybe a two-family, and use it as a proof of concept.If you don't know anything, trying to source deals off-market will just be taking money and burning it on postcards without the correct systems behind and the incentive for people to call.

You are correct you can learn a lot from books, podcast, shows.

You are in fact correct that yes, I am currently analyzing potential investment areas behind a computer.

The reason behind that is simple: maintaining infrastructure for low density single family housing is cost prohibitive. 

@Ted Barrettyour analysis is roughly correct. 

Correcting this should adjust the profit at sale.Additionally, your property taxes seem quite low.

Quote from @Felicia West: Thank you, Zachary for your very thorough explanation.Quote from @Zachary Jensen: Hey Felicia, At a high level you’re correct that when you and your husband’s income exceeds certain thresholds (over $150,000), passive losses from rental properties, including depreciation, can’t offset your W-2 income unless you or your spouse qualify as a Real Estate Professional (REPS).