When you begin reporting rental income on your tax return, you can consult with a tax professional or use tax preparation software to ensure you're correctly claiming all eligible deductions and depreciating the expenses appropriately.

Go to every meetup listed in your town and network.

Quote from @Michael Joseph: When you know nothing, you should hire a professional to represent you.

Go to local meetups in your city, be active in the BiggerPockets forums, network on BiggerPockets and LinkedIn.

However, I want to ensure that I approach this ethically and professionally.

Once you nail down how to play in the same market then you can get creative to find new marketing methods that are unique (or even guerrilla tactics).Start by asking people in your network that you think would likely fit your target audience what they do when they're looking to book a multi-family vacation home.Qualitative research then turns to quantitative, so gather ideas from your wealthy friends then do some try them out and be sure to ask any leads/guests "how did you hear about us?"

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hello everyone I'm a new investor I am educating myself, I will build a great network and take progressive action to be very successful in real estate investing.

Look into Cost Segregation and talk to a professional.

Talk to real estate professionals for guidance in navigating the market.