(Assume all outside money is just that, money, and these outside investors won't have any active roles in operating/managing any of the properties.)

@Nick W.I've been active in the Kansas City market for several years and know it well.

Yes if they are actively working with you as a buyer or seller.

You should start actively networking.I believe @Brie Schmidt is a local and should be able to guide you.

I've gone through enough real estate education to know that just about everybody recommends pinpointing certain areas -- zip codes or sometimes even neighborhoods -- in which you see a lot of cash-buyer activity and targeting those areas to find houses.

It has sucked.The good news is that today I was presented with a 350-unit development project in Manor that I'm planning to get started on soon and I am actively working on some commercial development projects as well that should hopefully turn into winners. 

Also, staying active in the forums and listening to the podcasts are other good ways to soak up knowledge.

Hi everyone, I’m Kevin, 27, and an Air Force Pilot. I’m excited to say that yesterday, I vacuumed my truck. If you don’t know what that is, go listen to Podcast #276. I first became interested in real estate when in m...

I'm actively searching for my first house hacking opportunity.

Reporting K-1s are simple depending on the Activity of the entity.