Nobody plans to lose their property.

I normally advise that people start a business as a sole propeitor in their first year.If it is successful and something you want to continue, then have a conversation regarding entities.

The last thing you want to do is go through formal sale since you’ll lose the Prop 13 tax basis, which is likely a $20k/yr saving.

I have always loved athletics because of competition and teamwork, but would like to enter the world of Real Estate.My short-term goals in Real Estate include starting a career in an aspect of Real Estate investment.

Here is one recommendation as you begin your REI journey.Make sure to have your team around you before you start, or as Brandon Turner from the BP podcast calls it, your CORE4. 

When searching for clients I usually suggest starting with ones inner circle and good old grass roots marketing. 

Welcome to BP Bianca, if you currently don't have much capital, find some partners in your network that have the funds to get started in RE but are hesitant since they never purchased anything yet.

My team and I haven't started the engineering for the project yet, so I'm not sure what the product type will ultimately be.

How do you find one that hasn't started equity growth and now stagnated? 

Building a trusted team is key, so starting that process as you actively search for your market will put you in a strong position moving forward.