We are eager to learn and make informed decisions that will set us up for success in our real estate ventures.

I realize this is a huge failure on both of our parts and this would be much simpler if said agreement had been prepared. 

My plan was to take few trips back to Virginia, try to network and prepare my plan before leaving Dubai and going back for good.  

HI Kev, we helped a lot of luxury STR investors this year utilize the accelerated deprecation tax incentive, I would actually suggest checking out the bigger pockets featured tax preparer section and sine it's likely a considerable reduction definitely not try and do it yourself..the investment in high quality reliable tax advice is essential to any investor tool kit. 

When it comes to investing in CA, be prepared for what is coming on the Nov ballot.

Before venturing into this area, it's best to talk with other investors who have been through the program before with their rentals. 

Real estate investment has been a lucrative venture for many people.

Here are a few tips for managing a rental in the DFW area:Screen Tenants Thoroughly: Conduct background and credit checks to ensure reliable tenants.Understand Local Laws: Familiarize yourself with Texas landlord-tenant laws to avoid legal issues.Maintain Good Communication: Establish clear communication channels with your tenants.Keep Up with Maintenance: Regular maintenance can prevent larger, more costly issues.Consider Eviction Procedures: Be prepared for potential evictions.

I too am in FL albeit the west panhandle, and am preparing to make my first investment deal so kudos for asking a great question!

But having researched it thoroughly, I found it to be the best way to venture into RE business.