You will learn by osmosis (I'm sure you know this term from your BS science classes).When you exit college, you're going to be a dangerous weapon: someone with a network and knowledge.All it takes is a little effort to get the ball rolling...

I say I have passive income in quotes because I still have oversight of employees, making bigger decisions on remodels, tenant turnover, etc. plus oversight of accounting.In my mind, truly passive means I have to do absolutely nothing and see the income rolling in.

My full-time job is as a minister, so I am not rolling in cash, and the idea of using money to turn it into more money sounded awesome.

I seen this used with folks who are doing 1031s and rolling into partnerships with syndications, that is syndication and TIC are partners sharing the business.The Cost Seg & Bonus Depreciation are great for the RE Pro (much better) and good the non-RE Pro (OK, but not on the first deal). 

You cannot use that 401(k) money until you're ready to retire or until you leave the job and roll it over into a self-directed account that can then invest in income-producing assets.

The number I use for advertising, I have rolled over to my personal number.  

I am not a fan of all these billion dollar tax breaks to companies rolling in the huge corporate profits unless they then open these tax breaks to the other smaller companies in the same area. 

While doing a video walk through on a potential purchase the owner stated she had 15 off market deals she would be willing to package together All are rented and here is the overall deal:3 duplex style homes12 SFR$880k purchase price$8350 current rent roll.

(legit or make believe offers, you don't care)  Then roll up your sleeves and go to work on your new found deal.  

I would jump on those permits and get that ball rolling.