Always request examples of prior work to gauge the quality they deliver.Insurance agents are often overlooked but are integral to safeguarding your investments.

For example, any expenditures on carpeting will go into a different depreciation bucket than concrete sidewalks.The harder part is the cost segregation of the original structure and you can follow one of the half-dozen ways the IRS allows you to do cost segregation.

For example, my parents and inlaws don't invest in real estate.  

House hacking, for example, is a great start to get into real estate and to cover all of your expenses.

Pex will last maybe 25 years, and has had trouble with rats hearing the water running through it and chewing on it, causing leaks.Then there’s the leeching chemicals.L grade seamless copper will typically last 75 years, and usually more.  

From my experience, a person typically has to mail out thousands of letters to get a small response.Out of the small response a person needs to be able to know how to structure and the ability to close the deal.

Any examples of what people are seeing right now in the market?

Example, in one of the markets that I am in there are two different trip plex properties.

I would not start investing, creating businesses, or doing anything in life based on a unicorn example, whether it be real or imagined.I would look at the industry from the top down, figure out what realistic margins are, and see if I can gain a competitive advantage or beat general market returns by a few % points.  

It's worth noting that both counties aren't typically on the "wealthy" lists; in fact, often quite the opposite.