I'm enrolling in my local REI club and I'm really anxious to just get my feet wet and start moving!

However, before I enroll in the course I'd like to have a few of my questions answered.

After completing my first deal I enrolled at the local technical college so I can begin the process of acquiring my real estate license.

They're going to turn over every year and you may have a month or two of regular vacancy if the school has lower enrollment during the summer.

Here's what I know:The city of Corpus Christi has a 3-yr apprciation rate of 5.9%The city of Corpus Christi has a 1-yr apprciation rate of 6.7%Zillow predicts that the neighborhood will appreciate at 7.4% in the next year.The house is on an island, so expansion is limited but has not yet capped as there are still vacant lots scattered in this area.This address is in the best school district of the metro areaThe city experienced 10% net population growth 2000-2010The city's two main college campuses had a combined enrollment of over 22000 students in 2011.The city's top ten employers are in the sectors of military, education, health care, contruction, government, and grocery (local grocery chain headquartered there)The house is a 3 bed 2 bath, which is on the small side of avg for this area.What more what YOU need to know before deciding to invest in this area?

This isn't a BP question unless there's an (EA)enrolled agent on here to answer.

Tom GoansI'm currently enrolled full-time at my University and working full-time as well, as much as I would love to have a mentor or get some one on one time with an investor I just don't see that being an option until possibly next summer when my fiance graduates and is earning her steady income to support us both.

I'm an Enrolled Agent.

I'd recommend finding a tax professional (Preferrably a qualified and reputable Enrolled Agent or CPA) We here on the board can definitely help you find someone.Summary: Everything can and will be deductible.

But probably most importantly, in most areas (yours included), a person can't even currently apply to get on the program because the enrollement period is only opened at certain times, and currently it is not open.