🙏☺️ I completely understand where you’re coming from & you’re right that owning real estate is a key step toward truly being an investor.I’m still new to the game, but I have a solid plan in place to move toward ownership & establish myself as a real estate investor.

You don't need to know everything to get started; you need a foundation to build on, and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

I am considering getting into this space (looking at some courses), but worried that its too late, and that deep local market knowledge/understanding of buyers/connection with developers etc is required to make this work, which only incumbent/long term investors will have and would be hard for a new entrant starting from scratch to catch-up...is my hypothesis valid in your opinion ?

I understand that it gives you more coverage and it better if you are transfering RE from someone that you don't know... but in my case I will be transferring from myself to my LLC.Some good answers here: https://www.youtube.com/watch?

Seek to get an understanding of what they know about ADA compliant (probably nothing), present your case in calm friendly manner.  

He has helped many real estate investors and really understands the niches in these areas for real estate investments.

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

From my understanding few lenders loan on just empty land.

Yes, I understand the distinction. 

So as I understand it, repairs/maintenance is fully deductible the same year but major improvements have to be depreciated.