If I were a new investor, I would be stoked to step up and buy a turnkey property, under management, with tenants, and no out of pocket costs because all the work was done previously, at a cap rate of roughly 8%.When I was in Indy I also had the opportunity to meet in person with my realtor, Tyler Lingle, and we had a great conversation about all things RE and Indy.

Gone are the days prior to 2019 where I as a complete newbie could buy and get instant equity, use financing at sub 5% and still cash flow while maintaining a reserve balance.

None of this never happened.For a company with a 12-year lending history, Norada Capital Management has only one $4,000,000 Reg D filing from 2020, which appears inadequate considering a 2012 start date and almost four years since the last filing.Santarelli also claims in the same YouTube video that Norada Capital Management has been making loans since 2012 with no default history, re-lending money received from investors and maintaining a perfect record over 12 years.

What would be the best ways to familiarize myself with construction process, while still maintaining my W-2 job? 

However, in areas with little appreciation, all investment capital must come from your savings.Summarizing, a city where you can achieve and sustain financial independence must have the following characteristics:Significant and sustained population growth.A pro-business environment with a metro population >1M.Rapid and sustained appreciation.If a city doesn't meet all these requirements, achieving and maintaining financial independence will be difficult.

To thrive in real estate investing, you must maintain a firm grip on your finances.

Address potential risks by explaining strategies like maintaining emergency reserves, purchasing proper insurance, and conducting thorough due diligence.

First step for you is to study investing in income properties.Generally a rental property will have in the range of 4% -50% of rental income going toward expenses to maintain the investment before debt repayment (mortgage). 

According to the sales person, I don't need to handle PH level, adding chlorine or even changing water due to sodium level they maintain. 

This protects against potential claims and liabilities specific to the rental.For tax purposes, maintain clear records of rental-related income and expenses, allowing deductions for insurance, utilities, maintenance, and depreciation proportionate to the rental unit.