Also take a listen to some podcasts, Bigger Pockets is of course an amazing place to start.Also set yourself a lofty but attainable goal, such as: "I'm going to analyze 10 deals/week by April 1" then "I'm going to submit an offer on a property by July 1, 2022" then"I'm going to submit 10 offers by October 1, 2022". 

They want large guaranteed salaries with small kickers added for top performance (which they know they probably won't attain).

I want to confirm this is correct and would allow me to do a full cost segregation at the price I am purchasing the property for and not have to include any of the depreciation the previous owner already took since I am currently taking over the llc the property is under.Secondly,since this is mid year I would not be responsible for doing a tax return for the months prior to me attaining the property and this would not have to pay taxes on the income collected  on the property nor would I need to pay any payroll roll taxes he currently pays one persons salary a property manager.

Making informed judgments and acting quickly can put you on the road to financial security and attaining your objectives.What else do you think?

Hi Timothy,Congrats on attaining your first rental property!

We ended up focusing 30 minutes away in a more attainable market (pretty far outside of her normal market) and ended up closing on our first duplex with her there in March. 

If low rate ARM then refinance with cash out to a fixed rate product where you can attain both goals.Tracy Tippett

I need to start with goals that are more easily attainable.2.

If you rent long term it can be difficult to get cash flow, but if you rent short-term or medium-term it is much more attainable.

I see the obvious benefits of cost segregation but my wife and I will likely be in full time jobs the next few years where becoming a real estate professional is not attainable.