What it entails and what would be best to focus on as a new agent.

I do think he went through the legal process with the city to claim ownership, but I don't know what all that entailed. 

Additionally, I've had to learn how to be more assertive. 

Im not sure what AUS approval entails?

However, there is an IRS position asserted in Tax Court Memo 2012-83 (Trzeciak) allowing you to count the time spent traveling if you are also claiming a home office that is used regularly and exclusively for your real estate activities.There is also some case law saying No.

Property Management 10%The average expense ratio for a 4 unit or more property is 40% - 60%.I assert your question will help others as well.

@Towanda Glenn, you will need to treat it like it is ie. a second job, putting in all the hours that having a second job entails. 

I happen to be a firm believer of Robert kiyosaki assertion “what takes money out of your pocket is a liability” there was a jujitsu analogy that David Greene used in one of the bigger pockets podcasts “a fighter will out of boredom do a back flip when he is winning a fight and that’s when he might get caught with a haymaker” am sure that’s not quite how he phrased it.

This entails building personal / working relationships with people successful in the field.

As for @Greg Scott assertion that cash flow provides a protection, this was not shown to be true in all markets in the Great Recession.