It is learning to recognize that opportunity and being able to do something with it that separates successful people from the masses.I didn't get this far by taking "massive action" or having a "wealth creation system" that these gurus try to convince you that you need to do/have.

Lot of people use self-directed IRAs but don't realize the tax on withdrawal, Required Minimum Withdrawal rules at age 70.5 or provisional income creation that would force you to pay 85% social security income tax.Life insurance is beset with problems too. 95% of the policies are no good.

For investors who own more one property, the creation of a Texas series LLC replaces the need to form separate LLC's. 

These self imposed limits have stalled any wealth creation.

I host real estate networking events and I am trying to poll what type of professional they would like to hear at a networking event.1) Experienced Out-of-State Investor2) Experienced Local Investor3) Syndicator4) Contractor5) Attorney(specializes in LLC creation)6) Attorney(specializes in evictions)7) CPA8) Home Inspector9) Appraiser10) Cost-segregation expert11) OtherI would greatly appreciate any feedback that anyone has.

I bought the property with the intention to execute a combined house hack / live-in-flip for a year (currently living in the 2/2 unit, rehabbing the 3/2 now), and then turn both into a full rental after a year, with strong equity creation through the purchase & rehab process to sell if need be. 

How do I go about executing a creation an investment opportunity fund?   

@Dmitriy P. document management, lease creation, maintenance communication, vacancy listing and keeping track of expiring leases. 

My strategy is another form of wealth creation, I'm just noticing the cash flow issue in the short given this economy may be a lot worse than I thought.

If this is not something your tax professional knows already, then you're not with a real estate focused CPA.You wouldn't go to a dermatologist for your back ache and you wouldn't go to a divorce lawyer for your contract creation.