Make sure you understand the basic math, what qualifies as a good investment, how to manage your investment and prevent losses, etc.I would start with Set For Life by Scott Trench.

Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.

It is the worst because you need to understand the patchwork of regulations across the state, which can vary down to a neighborhood by neighborhood basis.

Everyone has to start somewhere just understand it will be very hard but if you never give up and take things slow to really analyze everything you put more chances of success in your favor.When people make their first million they tend to be the most vulnerable to the con artists out there.

Educating investors about market conditions is essential. In a seller's market, home prices typically increase due to limited inventory, while in a buyer’s market, prices tend to be more negotiable. According to the N...

To meet material participation, you need to log at least 100 hours of work and do more than anyone else involved.

: I understand that there is commercial and residential, but there has got to be subgroups While I don't think you need to niche down immediately, some specializations in residential RE are:- Co-op- Condo (incl. luxury)- SFR (median pricepoint)- SFR Luxury- MFR- RentalsThere are a ton of commercial RE specializations including retail (various types), restaurant, other food/bev., warehouse, storage, and dozens more.What should I expect when first coming into the profession ?

I understand they are due when the building permits are pulled. 

Being in control of the contract, understanding the market you're buying in, and securing the right  price are the foundations of a solid deal.

@Roger Garner the strategy will really depend on what level of involvement you want in the project.