Quote from @Mohan Sadashivaiah: I would like to know if Data analysis in needed in Real Estate industry.

Many borrowers file this form as an exclusion to their US federal taxes as they may have been taxed by the country where they are earning the income.Required Documentation for Foreign IncomeWhen it comes to processing foreign income for a loan, documents required may include:» Most recent personal tax returns» History of receipt» Proof of continuance of foreign income earnings» Conversion of the income from the foreign currency to US dollarsThese documents must be translated or completed in English so that a loan reviewer can properly evaluate the information provided.Fannie Mae & Freddie Mac GuidelinesIncome from Foreign SourceIncome from foreign sources must be reported on the borrower’s most recent U.S. individual federal income tax returns.

I’m already hearing rumblings of the ag industry being blamed for lack of water.

You just can’t successfully operate in the real estate industry unless you master these concepts.  

The industrial buy and hold buyers have virtually dried up in San Diego.  

If the laws are still concerning to you, then buy a commercial property, like an office or industrial property, in your area. 

- Do I qualify for for a section 121 exclusion sense I lived on the property for the first 2 years of ownership?

Spanning more than 8,000 square feet, this outlet will feature a large outdoor patio overlooking the Strip and a unique company store selling exclusive merchandise alongside your favorite burgers.

The first time I was laid off it was traumatic because I my industry and the economy were in the toilet but more importantly, I didn't have enough cash flowing RE, second time.... not nearly as bad, and the third time it was my idea and I haven't lost a minute of sleep about my decision. 

Networking is huge, so connect with others in the industry, and look for mentorship programs (there are some great ones out there).