If you have other income streams that you can personally strengthen it's likely best to focus on those streams while continuing to invest in professionally managed BIG deals!  

Do you think I should talk to a professional CPA who specializes in real estate to get the best time frame on when and how to so? 

Get your home tested by a professional in your area. 

Please share any great data sources you have found or tips on evaluating areas.My 1-year goal is to purchase 3 multi-family properties, with 8 to 40 units, at least $5000/month of initial cash flow, and some opportunities to improve operations and increase cash flow.I am hoping to forge alliances with like-minded investors to fund Win-Win deals.I am so excited that I have officially started my RE Investing journey!

While you can’t completely control who applies to live in your properties, you most definitely can find areas that are popular with students, young professionals, families, etc. 4) just as important as finding the property, you need to have an exit strategy in mind for the property.

Best of luck on your real estate journey!

Cost segregations are complicated and are best left to professionals IMO.

I admit, my REI journey has not been given the attention it needs due to my demanding FT jobs. 

Your insights and referrals would be appreciated as I embark on this exciting journey.

Good luck on your REI journey and property search!!