Some costs MAY qualify as startup costs if the rental rises to a qualifying trade or business level under 195 as well.

I am getting ready to start my first spec home build.

The National Association of Realtors says that the average profit on a flip is is $15,000 and takes 6 months from start to sale.  

I've seen plumbers and builders stop hiring because all the "young" people start the job and then don't put in any effort or stop showing up.Figure out what you want to make hourly, then start telling everyone and their brother that you need work, how many hours you are available, etc. 

What does the process look like from start to finish? 

Typically starting with a smaller rehab budget of $50K or less (maybe a max of $75K) and avoiding a 1 to 1(or higher) ratio of purchase to rehab costs is recommend when you are first starting out. 

You can probably start the education process at 17, then apply for your license once you turn 18.

The best way to start in rentals is by buying in your own area.

Once I got clear on where I wanted to be, every decision became more intentional, and the right opportunities started falling into place.The emphasis on branding and networking is another game-changer.

Congrats on getting started!