@Jon Taylor provided a masterful breakdown. 

@Aaron Washington wind insurance is a must unless you have master insurance in place that covers your building.

Underwrite, underwrite, underwrite - master this

You'll learn a lot here.I recommend focusing on 1 strategy/business model and going all in on that one until you've mastered it and it's stable.

Since you're 6-12 months away from buying, use this time to build investor relationships, master deal analysis, and secure financing.

The one who thinks that they are masters of the universe in EVERY area of life, has 30 different businesses, claims to be fit as a fiddle, with a life in perfect harmony, shows off huge toys, has 30 different businesses, including selling their time by the hour to provide coaching... this person is not running a real estate syndication business.

Mastering off-market acquisitions, sharpening your sales skills, and structuring deals for maximum profit. 

Once you’ve mastered the basics and feel confident, you’ll be better prepared to explore long-distance investments.

@Andrew Drasch As an entrepreneurial CPA, I believe that mastering your craft is essential, and that investing money strategically leads to greater financial success.

Many years at this point haha but I graduate with my masters in social work this May!