Prioritize education through online classes and local meetings, cultivate a network of experienced professionals, and stay current on market trends and rehab prices to ensure successful transactions.

I'm looking to surround myself with like minded individuals and would love to attend some local meetups as I start this new journey.

This would cover your biggest risk, which is liability lawsuit if someone is injured on the trampoline.Regarding the shed, was it installed in compliance with all local municipality statutes?

Sounds like you have a good handle on the local market.

There are a number of guidelines the IRS has for performing a proper cost segregation study (which will pass in the event of an audit) Here is the link to that list on the IRS website:Cost Segregation Audit Technique Guide - Chapter 4 - Principal Elements of a Quality Cost Segregation Study and ReportI have never seen a DIY before, but I'm sure people do it.Depending on the size and type of your property the fee for engaging a qualified engineer-based firm to conduct the study can be as low as $3,000 (lower in certain cases), and the significant benefit created well outweighs the minimal costs.

This makes cash flowing properties hard to come by imo.Several of my local investor club buddies are sitting on the sidelines, selling some inventory and building a cash hoard.Happy to help with info - as always - do your due diligence and do not blindly listen to some random poster on web sites.Good luck

Before taking the plunge, I recommend investing time in educating yourself and connecting with local investors.

I live 3-4 hours away, so I'm putting together some local resources.

Quote from @Chris Samson: Go to BUILD YOUR TEAM at the top of your screen and you can search for other MEMBERS or LOCAL MEETUPS.

(Especially when you live at your investment, it can be time and attention consuming, but it's an incredible way to learn the ins and outs of real estate investment.)3) Attending local meet-ups is a great way to make connections and learn.