PIP Group believe that in order to be a successful and proficient tax buyer, you need to be successful and proficient in ALL facets of distressed asset investing.

There’s so much that I want to learn and if I can become proficient in even one area lacking that could make me more attractive to mentors?

All of which can be handled by a proficient QI.

Get proficient at taking and filing useful pics for everything!

I  personally wont work with a non licensed person simply because its infected with to many beginners who don't really know the industry have no clue and are huge time sucks.. so you have that barrier .. or the wholesalers that are proficient but they sell to beginner investors who are chomping at the bit and will over pay ..

However, your best strategy is to become very proficient at screening candidates for tenancy and never allowing the kind of tenant who causes tens of thousands worth of damages to move-in in the first place.

When you only have 1, you never become a proficient landlord.

I figured I needed to speak to an attorney or CPA proficient in REI; however, I wanted to know if a LLC is a good route to take for a first time investor with a single unit, or should I wait until I establish more units?

@Samuel Jolicoeur Agree with everything aboveOne thing I would add though is that although covering a larger area is better for exposure, unless you truly understand each of the markets you're servicing, it's very difficult to be proficient in that large of an area, especially just starting out.

That book is an incredible snapshot into what it will take to be proficient at underwriting deals.