Hi Dave, can I pick your brain about series llcs?

Then, pick a couple of target areas and start analyzing deals—even if you don’t have the capital yet.

1) Don't fall into analysis paralysis, theres a ton of ways to invest in Real Estate, pick one and go.2) Take action.

The risk of the business is on you and whether you have the expertise to pick the right asset, in the right location, and operate it properly.

My thinking is this leaves me with two paths: A) Best case is I pick up the foreclosure for $1M, immediately list it for sale at $1.6M or more and hopefully sell for a > $500K pretax profit. 

Pick those that are similar in size and look at their nightly rates, calendars and amenities.

And I understand that i am college kid with no money or experience but then you see people like Rob Beardsley who dropped out at 20 and bought a 200 unit property through syndication and then you think, hm, maybe its possible.I am fairly new to the real estate investment and what I have learned so far is choosing a mentor and attend real estate workshops then expand your network which will help you to pick up the pace, select your investment strategy and grasp the business model.

Just nit picking. 

Pick them based of production there bio back group etc.

I have seen the argument for over 3 decades and you can just pick it up from the Tx Occupations code bc some think I made it up.