Consider doing a time study of where your time goes for your real estate business.

Be sure you have liquid funds to be able to withstand these expenses.3) Study the market for yourself. 

Study the state landlord tenant regulations and see what options you have.

(My commercial deals are typically 5-30 unit buildings, not multiple hundred unit complexes)Some LOI terms to includePrice, transfer taxes, concessions, contingencies, study period, closing date.

@Peter Mckernan @Mark Frattini@Allen Tracy @Katie L. also looking for a RE-savvy CPA in California who can work with me to execute the STR strategy to offset W2 income with losses from a cost seg study I'm conducting.

In this document, I will share a portion of a study I conducted with some of our clients.

I'm a college student (studying agronomy) in eastern Idaho, living with my wife, daughter, and bernedoodle .

Michael is correct, you would want to ensure that a cost segregation study / bonus depreciation would actually reduce your tax burden before you get a cost seg done.  

Find descriptions of the process, and study the process.

Or it may not be a bad idea to study for your own realtor lic.