Rinse and repeat.I am also a big fan of Robert Kiyosaki’s ‘Rich Dad, Poor Dad 'and in that book taxes are depreciation and tax savings are critical.

I think it would be challenging for them to block the ADU, but they can certainly make the design aspect difficult.

The most important aspect of investing is that you KNOW the area that you are investing in. 

But if it is, I don't see the upside to a buyer not using a buyer's agent -- it likely won't cost you a dime, and you will have someone guarding YOUR interests, and handling the coordination of the many, many aspects of the transaction to ensure a smooth closing. 

To me, the most critical part of your OOS strategy will be a great property manager.

Another important aspect is marketing and leasing, cannot make money without a funnel of residents.

It’s worked out well, but just make sure the tour is detailed and you don’t miss any aspects of the house that the tenant will feel like they need to see. 

I am completely disconnected from all aspects of managing the property, which is a beautiful thing!

Sometimes there can be too great a focus on the here and now, which is obviously critical, but we sometimes pretend like in REI we shouldn't analyze where the market is headed.

One way to learn about some specific aspects of real estate is to get a part-time job at RE related industry, like property management company, book-keeping, financing, virtual assistant, anything you can have time to get into along with your schoolwork, even if you have to do it for free.