Best way to raise capital is private money but you need to develop a relationship first and show them deals that you partnered with your parents with.I wish I had started at your age.

I used to create Google calendar events for action items or a spreadsheet to track research, but I started getting buried by the sheer amount of the information.We use a task tracking software called JIRA at work so I decided to give it a try to track all the REI knowledge I was gaining.

It is a must that you develop this ability, not fear conflict, and not fear upsetting/disappointing/whatever your tenants.

In Dallas a high appreciating market, I want to build a 1400 sq ft 3/2/1 on my already developed lot, medium grade finishing carpet and tile mix, 80/20 brick and panel.

I have a friend who purchased an empty lot a few years ago, developed plans for around 200 apartments to be built, but didn't have the resources to cover the construction/interest costs until revenue could be generated. 

You can then develop your own plan not simply take random suggestions from strangers on line.

Two of the safe harbors that can help you deduct improvements are below:1) 2500 de minimis safe harbor.the safe harbor applies to amounts paid during the tax year to acquire or produce what the regs call a “unit of property” (UOP), you must meet these requirements: (1)you need to have written accounting procedures treating as an expense for non-tax purposes amounts paid for property costing less than a specified dollar amount (which will be 2500 for you), or with an economic useful life of 12 months or less;.(2) the taxpayer treats the amount paid for the property as an expense on its books and records in accordance with its accounting procedures. ( do this on your bookkeeping software or whatever you utilize)(3) the amount paid for the UOP doesn't exceed $2,500. as substantiated by the invoiceNote: The cost for the Unit of Property includes l additional costs (for example, delivery fees, installation services, or similar costs) if these additional costs are included on the same invoice with the property.2) Small taxpayer safe harbor: To be eligible for the safe harbor, the total amount of improvements for the property for the tax year may not exceed the lesser of $10,000 or2% of the property's unadjusted basis.If the total amount paid exceeds the safe harbor threshold, the safe harbor does not apply to any amounts spent during the tax year.

Hi Ben,Take the opportunity to utilize the free marketing software out there.

I am a developer and investor.

That, and developing a relationship with the lender or the rep you work with at that institution really helps.