Educate yourself enough to be able to identify if a property does or doesn't align with that goal.

Thankfully I have no property in NY.I loved this quote which shows just how clueless people are about housing issues:“Housing instability is at the root of so many problems facing our city, such as exacerbating homelessness and hunger, failing to meet our children’s educational needs, and undermining public safety,” said the CWTU in a statement.

The more stoic, grounded, and educated you are the smoother the ride.I guess my point is, I'd be leery of blast marketing emails myself. 

Incorporate what if you die, what if you or a partner want to sell how do you value, opening bank accounts, contract signing, etc.  

No need for management LLC's, LLC's in WY, DE or any of the other states that are inaccurately deemed to be better for incorporation.

Seems like a decent resource for new investors with education and networking opportunities.    

@Bob Dole please tell me you have a CPA and you're simply educating yourself so that you can verify what he is saying is correct? 

You want a sample of this garbage "education"?

Others have little/no experience and will give you bad advice that takes you down the wrong path.I recommend you focus on educating yourself while saving more money. 

More than a tax strategy, these are education planning tools, and they need to be addressed in a broader context than just taxes.