Engaging with seasoned investors and participating in discussions will expand your knowledge quickly.

Forming a business to protect my assets is an area I need to gain more knowledge in.

The real property investment can be repositioned if it proves disappointing in its original form; it can be refinanced or recapitalized if it has too much or too e pensive debt; inflation over time bales out many bad purchases, and finally the investors knowledge, experience and abilities can be leveraged to turn around a cash flow negative property.I’ll provide an exampleThree years ago we purchased a note from a bank secured by two auto repair facilities with a large amount of excess land.  

I have knowledge of those states.

That will get you from zero to about 80% knowledge level.1.  

I work full-time; I’m trying but I know there are gaps in my knowledge.

I have found most get it when you go back further in time.$14,990 was the cost of a brand new brick ranch home on May 1st 1960 - I have the original advertising from the builder in Ann Arbor.

That states KNOWLEDGE of wrong doing.

I know what the rents should be for each of the units (2 vacant and 1 significantly under market), the taxes are listed on the MLS, I’m familiar with the water/sewer costs in close proximity to this building, and I know what percentage to use for my Vacancy, CapEx, and repairs and maintenance based on my knowledge of the local market.

You really have no idea how helpful all these little tidbits of knowledge are.