I don't think I need to have that exactly figured out on day 1 of my first rental purchase, I need to get into the game. 

Hi All, I am very new to the Real Estate investing game and haven't pulled the trigger on any properties yet.

You’re already ahead of the game—stick with Central Florida, and you’ll crush it!

The only exceptions I can think of are a lack of experience frustrating your financing process or where the GC has such a well established brand that a buyer will pay a premium for a home built or renovated by that particular contractor.

My mother is very interested in learning more about the power of real estate and how she can get in the game.

What makes it tough in the beginning is your rental income is not established so you need to be able to handle the debt not using rental income. 

But if your a W 2 and real estate is how you are planning on retiring by investing that is a completely different lifestyle and motivation and game plan. 

It doesn't help with your tax issue but keeps you in the real estate game with a lot less headaches.

This way, you can learn the ropes before tackling a larger property.Also, when investing out-of-state, make sure you establish your Core 4 Real Estate team.

I've seen some well-known syndicators brag about having "skin in the game" when the truth is they invest $100,000 in $25 million deal but take home $250,000 or more in fees.