You should also invest in a Roth IRA or a 401k if you work for a company that'll contribute.As for side work, maybe find a plumber or another contractor etc to help out. learn a new skill.

Finding someone who has really great communication skills is also important.

As I type this brief introduction, I'm committed to put in the effort to develop the requisite skills to become a successful real estate investor, but feel like I have more questions that answers.

That's not even factoring the lower time, skill, etc needed to make it happen!

People go there for job training, transfer to a university, update job skills, and continue their education.

Why aren’t you finding someone with a minimal skill set to do these things at a lower rate rather than wasting the time of one of your higher skilled workers?

I have the skills to inspect the property before you buy it and give you a quote on the repairs so you day one what you will be paying fully out of your pocket for the investment.

Also need guidance on how to apportion profit sharing based on members' contributions - be it cash, rehab skills etc.Thanks.

Also need guidance on how to apportion profit sharing based on members' contributions - be it cash, rehab skills etc.Thanks.

That was the point of my original point; each investors needs to take stock of their own knowledge, skills, abilities, and goals to find the investing style and methods that suits them.