My very simple K-1 was wrong too.  

Thanks Yes simple, you have it inspected by a led cirt guy, 500 per door.

Here are a few simple and free ways to learn: Go to real estate meetup groups, attend open houses and speak with the agent there, inspect FSBOs (for sale by owner), walk your area, and speak to people tending their yards.The idea is to engage with other people and ask, Ask, ASK questions about their experience with the local market.Some other ideas: find a home inspector who will let you tag along in a property inspection, and absorb what they are looking at and why.Your mindset and enthusiasm for learning about real estate will open many doors for you.Good Luck!

It can be a simple 1-2 page Option contract.

Hey @Anthony Dupre, whatever you decide for your entity structure, ensure it's simple enough for you to easily abide by the structure in your day-to-day operations.We've had bookkeeping clients with complicated structures that apparently protected them to the maximum degree but they didn't abide by the structure when conducting transactions in their business daily (lots of unintentional commingling).

This is literally the story, on a smaller scale, of how Brandon Turner got his first property.

For simple math, let's say you were like 99% of the fruit cakes on this forum--- they'll say net $10k/mo.

We've been communicating quarterly on the property status, but a simple search on Zillow made me think he's lying to me.

Now, if you are familiar with this type of investing it can be very lucrative and literally lead to vast wealth. 

READ IT AND KNOW IT.We have a fairly simple process at all our properties.