I just watches a YouTube video on it.. pretty real in 2019

Dont go by what you watch on youtube or read crazy success stories online.

This is not to say an experienced sponsor has bad deals, they will, but an investor typically will not only get 100% wiped out but if the company also took bonus depreciation the LP's will also have to pay that money back to the IRS, so its a double whammy (not an accountant but one may be able to chime in more on this).If you are a LP and invested in a syndication that has bridge debt, I strongly recommend you watch it very closely.

In a perfect world, your primary would be paid off and the only HELOC on it would be for peronsal emergency issues - job loss, medical, etc.Recommend you find a lender that finances rentals, get a refinance going, then watch mortgage rates for the next dip to lock in a decent rate and close.

I talked to a real estate agent yesterday and learned so much even though I had been watching and reading up on a lot on REI topics.

@Nicholas Aiola, I feel like I'm watching Wonder Woman taking machine gun fire off her forearms. 

Super awesome that he also worked for the IRS before so he knows what to watch out for so you have a better chance of not being audited.If you want his info, I can give it to you.

Watch your contingencies very closely, and don't try anything tricky and assume the bank will be forgiving.

I just to need to do the wait and watch game ? 

You can read the books in the BP bookstore and watch videos on YouTube and gain enough knowledge to get started and buy a small multi family house 2-4 units to house hack or just rent out and self manage.