Investment Info:Single-family residence buy & hold investment.

Plan is so that he can retire and him and my Mom can be financially secure on rental income while my sister and I manage the properties in the trust. 

Turning to real estate, starting out with getting my real estate agent license and using that as foundation for investing!

BUT, in my 45 years of real estate investing, brokering, syndicating, advising, I’ve come to the conclusion that investors go in PRIMARILY interested in one or the other. 

This is not a "real estate rental income" activity as defined by the IRS, so whether you are a REP or not, you can take this benefit.All of this is separate from a QOZ Investment, which would require you to first recognize a capital gain from another source (say a stock sale), invest that gain, hold it in a Corporate or Partnership structure (likely partnership), meeting the substantial improvement qualifications of being a QOZB, and then yes, you get to avoid the depreciation recapture at the end of the 10 year hold period, at least for the portion of your investment attributable to the original gain that you invested in the project. 

Just starting my journey into real estate investing and looking forward to meeting and catching up with like minded people.

I will also preface the conversation by stating I am not planning to invest in the example below as I'm still working to build my capital and have a newborn.

The area by the race track has definitely seen some rapid growth since NASCAR has invested hundreds of millions into that area.

Don't invest in D-class properties.3.

Networking, financial tools, and consulting local agents can also help.